Dividends in Bitcoin pays at the Nasdaq listed company at the choice of shareholders - Finance
Dividends in Bitcoin pays at the Nasdaq listed company at the choice of shareholders - Finance
A company listed at the Nasdaq has announced that shareholders can receive dividends in Bitcoin. The company claims to be the first company that pays dividends in cryptocurrency.
“First dividend that is payable in Bitcoin by a company listed on the Nasdaq“
The blockchain company BTCS Inc. (Nasdaq: BTCS) announced on Wednesday "the very first dividend in Bitcoin's dividend of a company listed on the Nasdaq". BTCS refers to the dividend as a bividend.
Charles Allen, CEO from BTCS, commented:
We are the first company listed at the Nasdaq that pays a bividend, a dividend that is payable in Bitcoin at the choice of our shareholders.
"BTCS intends to pay 0.05 per bitcoin share based on the Bitcoin price on the ex dividend day. Investors who do not choose to maintain the BIDADEND in Bitcoin will receive a bard dividend of USD 0.05," explained the company.
The blockchain company noted on the Nasdaq develops a proprietary staking-as-a-service platform that enables users to pin and delegate supported cryptocurrencies via a non-deposit platform.
The proprietary data analysis platform for digital assets from BTCS currently supports six stock exchanges and over 800 digital assets. The company plans to expand its range of tools for performance.
Do you think that all companies should offer shareholders the opportunity to get dividends in Bitcoin? Let us know in the comment area below.
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