BTCS announces Ethereum dividend

BTCS Inc. (NASDAQ: BTCS) announced it will issue what the company claims is the first dividend payable in Ethereum by a public company. The blockchain technology firm will distribute $0.05 per share as a "Bividend" and a one-time loyalty payment of $0.35 per share, both paid in Ethereum.

The company has partnered with Equity Stock Transfer, LLC, a SEC-registered transfer agent, to facilitate the distribution. BTCS previously issued what it described as the first Bitcoin dividend by a Nasdaq-listed company in 2022.

"BTCS is now issuing an Ethereum dividend and using the same secure framework we set in place in 2022," said Mohit Bhansali, CEO of Equity Stock Transfer.

Charles Allen, CEO of BTCS, stated that shareholders who transfer their shares to book entry with the transfer agent will receive the distributions and their shares will not be available for lending to short sellers.

The company filed details of the distribution in a Form 8-K with the Securities and Exchange Commission on August 18, 2025. Additional information for shareholders is available at bividend.com.

BTCS describes itself as an Ethereum-focused blockchain technology company that operates through what it calls a "DeFi/TradFi Accretion Flywheel" strategy, combining decentralized finance and traditional finance mechanisms with blockchain infrastructure operations including staking and block building services.

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