BTCS announced the issuance of its first dividend payable in Ethereum, along with a 120-day locked loyalty reward, aimed at stabilizing stock prices and showcasing its ETH positioning, setting a precedent for crypto dividends. (Background: The reserve companies for Ethereum and various ETFs have accumulated over 10 million ETH, accounting for 8.4% of the total supply.) (Additional context: Why did Standard Chartered predict Ethereum at $7,500 by the end of 2025 and $25,000 in 2028?) The U.S. blockchain company BTCS announced yesterday (21st) that after issuing Bitcoin dividends in 2022, it will, for the first time, issue dividends in Ethereum (ETH) through the 'Bividend' program. The company will provide eligible shareholders with a one-time dividend of $0.05 per share, with shareholders able to choose either ETH or cash; at the same time, an additional loyalty reward of $0.35 per share will be provided, which can only be received in ETH. BTCS Inc. and Equity Stock Transfer (EST) are excited to announce their collaborative effort to deliver a first-of-its-kind blockchain dividend, or 'Bividend,' payable in ETH. In 2022, EST created the secure and compliant framework that enabled $BTCS to issue the first-ever… — BTCS Inc. (Nasdaq: BTCS) (@NasdaqBTCS) August 21, 2025. Dual-layer structure rewards long-term holding. According to the Bividend official website, to receive the $0.35 ETH loyalty reward per share, shareholders must transfer their stocks into the SEC-registered transfer agency Equity Stock Transfer (EST) bookkeeping account and lock them for 120 days from September 26 to January 26, 2026 (employees and insiders are excluded from this requirement). Locking shares means fewer circulating shares, reducing the amount available for borrowing, which could pressure short sellers, especially since the company's stock price has dropped 30% in the past month. Although the impact may not be significant, BTCS has made an attempt on how to effectively utilize its inventory of about 70,000 ETH to strengthen its 'Ethereum first' positioning. Whether more companies will follow suit in issuing dividends in cryptocurrency will depend on regulatory and tax arrangements, but BTCS has proven that when companies hold cryptocurrencies, dividends do not have to be limited to cash; on-chain distributions can be realized within a legal framework. Related reports: Trump predicts steel and semiconductor tariffs may be announced as early as next week! Bitcoin drops below $118,000, Ethereum falls below $4,600. On the day Ethereum skyrocketed, he put the 'ETH10K' license plate back on. Ethereum's market value once surpassed Mastercard and Netflix, knocking on the door of the world's top 25 assets. 'BTCS announced the world's first Ethereum dividend plan: shareholders can directly receive ETH.' This article was first published on BlockTempo (the most influential blockchain news media).

#SEC #ETH