BTCS moves to lock in investors with $0.05 per share dividend paid in ETH

Source Cryptopolitan

Ethereum treasury company BTCS, one of the biggest ETH treasuries to date, will pay out a one-time, special dividend. All BMNR share owners will be eligible to $0.05 per share in ETH, paid on-chain. 

BTCS plans to reward all its investors with a special on-chain dividend, paying out $0.05 in ETH per share. Charles Allen, the CEO of BTCS, announced the special dividend. 

The Ethereum treasury company announced one-time plans for an unprecedented “Bividend,” or a blockchain dividend. BTCS will be the first public company to issue a dividend in ETH, bridging crypto finance for traditional investors. 

BTCS has a second one-time offer of $0.35 per share in ETH as a loyalty payment to shareholders who hold their shares with the BTCS transfer agent. The shares must not be sold before January 26, 2026. Eligible shareholders will thus receive $0.40 in ETH per share. 

The payments aim to reward long-term shareholders. The move also encourages traders to take control of their shares, preventing them from being used by predatory short-sellers. 

The program encourages both new share buying and loyalty. All BTCS buyers acquiring shares before the cut-off date of September 26 will be eligible for the dividend. 

The shares must then be entrusted to the Transfer Agent selected by BTCS. During the opt-in process, buyers will also provide an ETH wallet to receive the dividend. 

BTCS price weakens on ETH correction

BTCS prices weakened to the lower range for the past month, at around $4.41. For 2025 to date, the shares are up over 68%, with most of the gains coinciding with the recent ETH rally. 

BTCS to pay out on-chain dividend of $0.05 per share in ETH
BTCS took a step back, though still showing strength for the year to date. | Source: Google Finance

ETH slid to $4,343.31 after getting rejected from its all-time peak above $4,890. The rally sparked hopes of further expansion, but was cut short as uncertainty set in. 

BTCS shares also weakened in the past week, with more traders opening short positions. At the end of July, 10.4% of the BTCS float was shorted, though most positions are still relatively easy to cover. Treasury company shares are slumping, potentially leading to more shorting positions. 

Along with BTCS, other ETH treasury companies also fell off their recent highs. SharpLink Gaming (SBET) lost nearly 18% from its price in the past week, down to $19.85. BitMine (BMNR) fell to $57.81.

BTCS fights for top 10 treasury spot

BTCS is currently outside the top 10 of ETH treasuries, with a total of 70K ETH in its known reserves. 

The company accelerated its purchases in July, along with other treasury buyers, but for now the new ETH buying is not reflected in the share price. 

As previously reported by Cryptopolitan, BTCS mixes traditional financing with DeFi, resorting to Aave lending to acquire more ETH. Some of the ETH available also comes from the BTCS block-building operations, one of the key sources of revenue. In Q2, BTCS expanded the share of Builder+ to 2.7% of all Ethereum transactions.

Ethereum treasuries remain more flexible, offering passive income from staking, as well as utility in lending. Currently, ETH treasuries are filling up faster, with more active buying compared to ETFs. 

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