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

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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