Share this article
Blockchain Firm BTCS to Offer Dividend in Bitcoin; Shares Surge
Investors who choose not to receive the so-called “bividend” will receive a regular cash payout.
Updated May 11, 2023, 5:49 p.m. Published Jan 5, 2022, 3:00 p.m.
Blockchain technology company BTCS is offering to pay shareholders a dividend in bitcoin to showcase “the disruptive nature of blockchain technology,” according to CEO Charles Allen.
Investors can opt to receive the 5 cents-a-share dividend in bitcoin, the company said in a filing Wednesday. Otherwise they will receive the payout in cash.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The company said it’s the first Nasdaq-listed firm where shareholders have the option to receive a dividend with bitcoin. By paying in bitcoin, the company said it hopes to promote the adoption of crypto and blockchain technology. The move has been planned for a while, BTCS bought the bividend.com domain name in 2015.
“We want to reward our long-time shareholders for their continued support and encourage financial freedom by providing the means to enable direct ownership of bitcoin and other digital assets,” Allen said in the statement.
The company’s shares, which started trading in September, jumped about 40% Wednesday, taking its market capitalization to about $43 million.
While the current payout is a one-off, BTCS said it is still evaluating whether to continue the program.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Interactive Brokers Now Accepts Stablecoins in a Bid to Remain Competitive
The firm has begun offering stablecoin account funding for U.S. retail clients, joining a growing list of brokerages racing to keep pace with crypto-native rivals.
Top Stories
