Bividend: Nasdaq-Listed Company to Pay Dividends in Bitcoin at the Option of Shareholders

2 years ago

Nasdaq-Listed Company to Pay Dividends successful  Bitcoin

A Nasdaq-listed institution has announced that shareholders tin person dividends successful bitcoin. The institution claims to beryllium the archetypal 1 to wage dividends successful the cryptocurrency.

‘First-Ever Dividend Payable successful Bitcoin by a Nasdaq-Listed Company’

Blockchain institution BTCS Inc. (Nasdaq: BTCS) announced Wednesday “the first-ever dividend payable successful bitcoin by a Nasdaq-listed company.” BTCS refers to the dividend arsenic Bividend.

Charles Allen, BTCS’ CEO, commented:

We are the archetypal Nasdaq-listed institution to wage a Bividend, a dividend payable successful bitcoin astatine the enactment of our shareholders.

“BTCS intends to wage $0.05 per stock successful bitcoin, based connected the bitcoin terms connected the ex-dividend date. Investors who bash not elite to person the Bividend successful bitcoin volition person a currency dividend of $0.05,” the institution detailed.

The Nasdaq-listed blockchain institution is processing a proprietary staking-as-a-service level to let users to involvement and delegate supported cryptocurrencies done a non-custodial platform.

BTCS’ proprietary integer plus information analytics level presently supports six exchanges and implicit 800 integer assets. The institution plans to broaden its suite of performance-tracking tools.

Do you deliberation each companies should connection shareholders the enactment of receiving dividends successful bitcoin? Let america cognize successful the comments conception below.

Kevin Helms

A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.

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