BTCS to Pay First-Ever Ether Dividend, Loyalty Bonus to Discourage Short Selling

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BTCS Inc. (BTCS), a Nasdaq-listed crypto strategy steadfast focused connected Ethereum, volition administer a first-of-its-kind ether (ETH) dividend to shareholders, the institution said connected Monday.

The one-time payout, dubbed "Bividend," amounts to $0.05 per stock and tin beryllium received either successful ETH oregon cash, the institution said successful a release. Eligible shareholders indispensable opt successful by Sept. 26, the grounds day for the payout.

BTCS is besides offering a $0.35 per stock "loyalty payment" successful ETH to shareholders who transportation their holdings into publication introduction with the company’s transportation cause and support them determination done January 26, 2026.

With this step, the steadfast aims to reward semipermanent investors and discourage abbreviated selling, making it harder for shares to beryllium borrowed for abbreviated sales, the institution said. A abbreviated merchantability is simply a stake connected the stock terms falling and revolves astir the merchantability and consequent repurchase of borrowed stock.

"By rewarding shareholders who clasp astatine our transportation agent, we artifact predatory abbreviated sellers, chopped manipulation, and physique a stronger base," CEO Charles Allen said successful an X post. "Short sellers are betting we’ll dilute. Our loyalty programme fights back."

He pointed retired a disconnect betwixt the company’s equilibrium expanse worth of astir $6.65 per stock successful currency and integer assets holdings versus the stock's marketplace terms beneath $5.

BTCS roseate 7% successful the aboriginal hours of the league to $4.71, portion different integer plus treasury companies similar BitMine (BMNR) and SharpLink (SBET) declined.

BTCS pivoted to an ether-focused integer plus strategy successful 2021, good earlier the caller question of firms appeared connected the market. It held implicit 70,000 ETH arsenic of Aug. 12, according to the firm's website, present worthy astir $300 million.

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