A Nasdaq-listed corporate has introduced that shareholders can obtain dividends in bitcoin. The corporate claims to be the 1st one to pay dividends within the cryptocurrency.
Blockchain corporate BTCS Inc. (Nasdaq: BTCS) introduced Wednesday “the first-ever dividend payable in bitcoin via a Nasdaq-listed corporate.” BTCS refers back to the dividend as Bividend.
Charles Allen, BTCS’ CEO, commented:
We’re the first Nasdaq-listed corporate to pay a Bividend, a dividend payable in bitcoin on the possibility of our shareholders.
“BTCS intends to pay $zero.05 in keeping with proportion in bitcoin, in accordance with the bitcoin worth at the ex-dividend date. Buyers who don’t elect to obtain the Bividend in bitcoin will obtain a money dividend of $zero.05,” the corporate detailed.
The Nasdaq-listed blockchain corporate is creating a proprietary staking-as-a-service platform to permit customers to stake and delegate supported cryptocurrencies via a non-custodial platform.
BTCS’ proprietary virtual asset knowledge analytics platform these days helps six exchanges and over 800 virtual belongings. The corporate plans to develop its suite of performance-tracking equipment.
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