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A Nasdaq-noted company has actually revealed that shareholders can get dividends in bitcoin. The company declares to be the initially one to pay dividends in the cryptocurrency.

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

Blockchain company BTCS Inc. (Nasdaq: BTCS) revealed Wednesday “the first-ever dividend payable in bitcoin by a Nasdaq-noted company.” BTCS refers to the dividend as Bividend.

Charles Allen, BTCS’ CEO, commented:

We are the initially Nasdaq-noted company to pay a Bividend, a dividend payable in bitcoin at the option of our shareholders.

“BTCS plans to pay $0.05 per share in bitcoin, based upon the bitcoin rate on the ex-dividend date. Investors who do not choose to get the Bividend in bitcoin will get a money dividend of $0.05,” the company detailed.

The Nasdaq-noted blockchain company is establishing an exclusive staking-as-a-service platform to enable users to stake and delegate supported cryptocurrencies through a non-custodial platform.

BTCS’ exclusive digital property information analytics platform presently supports 6 exchanges and over 800 digital possessions. The company prepares to widen its suite of performance-tracking tools.

Do you believe all business should provide shareholders the option of getting dividends in bitcoin? Let us understand in the comments area below.

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bitcoin
Bitcoin (BTC) $7,379,652.43 0.95%
ethereum
Ethereum (ETH) $255,265.79 0.78%
tether
Tether USDt (USDT) $82.27 0.01%
bnb
BNB (BNB) $73,440.77 0.04%
xrp
XRP (XRP) $165.10 1.49%
usd-coin
USDC (USDC) $82.25 0.01%
solana
Solana (SOL) $10,837.74 1.61%
tron
TRON (TRX) $22.67 1.03%
dogecoin
Dogecoin (DOGE) $11.31 1.36%
cardano
Cardano (ADA) $33.36 2.13%