Ethereum cryptocurrency with rising up candle stick graph chart. Source: annebel146 - stock.adobe.com

Key Takeaways:

BTCS announced an Ethereum-based dividend (“Bividend”) and loyalty reward to discourage short-selling.
The firm now holds 70,000 ETH worth over $303M, ranking 11th among treasury entities.
BTCS stock jumped 10.4% after the dividend news, closing at $4.87.

BTCS Inc., a former Bitcoin mining company now focused on Ethereum, has unveiled a dividend strategy aimed at rewarding shareholders while discouraging short-selling.

On Sept. 26, the company will issue its first-ever Ethereum-based dividend, called the “Bividend,” distributing $0.05 per share in ETH.

BTCS announced today it will pay shareholders a one-time blockchain dividend, or “Bividend,” of $0.05 per share in Ethereum (ETH). In addition, we are offering a one-time $0.35 per share Ethereum loyalty payment to shareholders who move their shares to book entry with our… pic.twitter.com/GwbE3Aa2e5
— BTCS Inc. (Nasdaq: BTCS) (@NasdaqBTCS) August 18, 2025

In addition, long-term investors who hold their shares through Jan. 26, 2026, will receive a loyalty payment of $0.35 per share in ETH.

Company insiders, including officers and directors, are excluded from the loyalty reward.

The firm says these payments are designed to reduce the lending of shares to “predatory short-sellers” and give investors greater control over their holdings.

BTCS claims to be the first publicly traded company to distribute dividends in Ethereum.

The announcement was met with a positive market response, sending its shares up 10.4% to $4.87, though still below July’s peak of $6.57.

BTCS currently holds 70,000 ETH, worth over $303 million, ranking 11th among Ether-holding entities.

The company has expanded its treasury through DeFi platforms and financing tools, placing it in a competitive race among 69 major ETH treasury holders.

Its market capitalization now stands at $233 million.