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Nasdaq-listed BTCS to Pay Dividend in Bitcoin

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  • Blockchain agency BTCS pays dividends in bitcoin to its buyers.
  • The Nasdaq-listed firm has change into the primary to supply such a dividend choice in U.S. markets.
  • BTCS remains to be evaluating if future dividends will even be paid out in BTC.

BTCS Inc., a Nasdaq-listed blockchain expertise firm, will make its subsequent dividend cost in bitcoin in a primary for U.S. markets, in accordance with a Wednesday submitting with the Securities and Trade Fee (SEC).

“We wish to reward our long-time shareholders for his or her continued help and encourage monetary freedom by offering the means to allow direct possession of Bitcoin and different digital belongings,” BTCS CEO Charles Allen mentioned in a press release.

Traders can opt-in to the bitcoin dividend, which BTCS is asking a “Bividend,” by March 16, 2022. The dividend’s document date is about for the following day, and people who don’t select to obtain it in BTC will get it within the conventional money format as a substitute.

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