Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

Must Read

Yusuf Balogun
Yusuf Balogun
Yusuf is an aspiring Journalist and Health law expert with a special focus on technology innovations. He is a writer at Right for Education, Libertist Centre for Education, Qwenu, and Editor at Gamji Press, UDUS.

Reports from foreign media have revealed that the Blockchain-focused BTCS has become the first Nasdaq-listed company to give investors a Bitcoin-based dividend, known as a Bividend.

The ‘Bividend’ will be paid at $0.05 per Bitcoin-owned share, based on the Bitcoin price on the date dividends are paid.

Also Read

“BTCS intends to pay $0.05 per share in bitcoin, based on the bitcoin price on the ex-dividend date. Investors who do not elect to receive the Bividend in bitcoin will receive a cash dividend of $0.05.” said the company.

This is the first time a company has offered dividends in the market’s most valuable asset as a substitute for cash payments.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

BTCS provides blockchain infrastructure and helps secure proof-of-stake blockchains through native staking of crypto assets, making it the first ‘Pure Play’ US publicly-traded firm focused on blockchain technologies.

The company is also reportedly working on a proprietary ‘staking-as-a-service’ platform that will allow users to stake supported coins on a non-custodial basis.

BTCS is now running nodes on the Ethereum 2.0 network, with intentions to expand to other “disruptive” blockchains in the future, including Solana, Polkadot, Cosmos, Cardano, Polygon, and Algorand.

Speaking about the development the Chief Executive Officer of BTCS, Charles Allen, said:

“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,”

“In the crypto space, BTCS has a long history of firsts, including being the first pure-play US public company focused on cryptocurrencies and blockchains, the first US public company to mine Bitcoin and the first US public company to secure next-generation proof-of-stake blockchains.”

Allen maintained that it is an “excellent time to reward their (our) shareholders with a non-taxable return-of-capital Bividend” due to the company’s better financial position.

Save up to 60% on OptinMonster

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

- Advertisement -
- Advertisement -


Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.


Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.


OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.


- Advertisement -
- Advertisement -