{"id":42754,"date":"2025-08-18T15:47:06","date_gmt":"2025-08-18T15:47:06","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42754"},"modified":"2025-08-18T15:47:06","modified_gmt":"2025-08-18T15:47:06","slug":"btcs-to-pay-first-ever-ether-dividend-loyalty-bonus-to-discourage-short-selling","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42754","title":{"rendered":"BTCS to Pay First-Ever Ether Dividend, Loyalty Bonus to Discourage Short Selling"},"content":{"rendered":"<div>\n<p>BTCS Inc. (BTCS), a Nasdaq-listed crypto strategy firm focused on Ethereum, will distribute a first-of-its-kind ether (ETH) dividend to shareholders, the company said on Monday.<\/p>\n<p>The one-time payout, dubbed &#8220;Bividend,&#8221; amounts to $0.05 per share and can be received either in ETH or cash, the company said in a release. Eligible shareholders must opt in by Sept. 26, the record date for the payout.<\/p>\n<p>BTCS is also offering a $0.35 per share &#8220;loyalty payment&#8221; in ETH to shareholders who transfer their holdings into book entry with the company\u2019s transfer agent and keep them there through January 26, 2026.<\/p>\n<p>With this step, the firm aims to reward long-term investors and discourage short selling, making it harder for shares to be borrowed for short sales, the company said. A short sale is a bet on the share price falling and revolves around the sale and subsequent repurchase of borrowed stock.<\/p>\n<p>&#8220;By rewarding shareholders who hold at our transfer agent, we block predatory short sellers, cut manipulation, and build a stronger base,&#8221; CEO Charles Allen said in an X post. &#8220;Short sellers are betting we\u2019ll dilute. Our loyalty program fights back.&#8221;<\/p>\n<p>He pointed out a disconnect between the company\u2019s balance sheet value of about $6.65 per share in cash and digital assets holdings versus the stock&#8217;s market price below $5.<\/p>\n<p>BTCS rose 7% in the early hours of the session to $4.71, while other digital asset treasury companies like BitMine (BMNR) and SharpLink (SBET) declined.<\/p>\n<p>BTCS pivoted to an ether-focused digital asset strategy in 2021, well before the recent wave of firms appeared on the market. It held over 70,000 ETH as of Aug. 12, according to the <a href=\"https:\/\/www.btcs.com\/\">firm&#8217;s website<\/a>, now worth roughly $300 million.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/business\/2025\/08\/18\/bitmine-s-ether-holdings-top-usd6-6b-stock-slides-7-alongside-eth-s-tumble\">BitMine Immersion&#8217;s Ether Holdings Top $6.6B, Stock Slides 7% Alongside ETH&#8217;s Tumble<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BTCS Inc. (BTCS), a Nasdaq-listed crypto strategy firm focused on Ethereum, will distribute a first-of-its-kind ether (ETH) dividend to shareholders, the company said on Monday. The one-time payout, dubbed &#8220;Bividend,&#8221; amounts to $0.05 per share and can be received either in ETH or cash, the company said in a release. Eligible shareholders must opt in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42754","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42754"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42754\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}