The Nasdaq-listed BTCS is making history in traditional finance by offering Bitcoin dividends to its shareholders. Covered: BTCS Bitcoin Dividends Bitcoin Gaining Traction in Traditional Finance RECOMMENDED: MEXICO PREPARES TO LAUNCH CBDC BY 2024 — THIS IS WHY YOU NEED BITCOIN BTCS Bitcoin Dividends Today, the publicly-listed NASDAQ company BTCS announced that it will become […] The post First-ever Nasdaq-traded Company To Offer Bitcoin Dividends appeared first on CryptosRus.

First-ever Nasdaq-traded Company To Offer Bitcoin Dividends

The Nasdaq-listed BTCS is making history in traditional finance by offering Bitcoin dividends to its shareholders.

Covered:

  • BTCS Bitcoin Dividends
  • Bitcoin Gaining Traction in Traditional Finance

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BTCS Bitcoin Dividends

Today, the publicly-listed NASDAQ company BTCS announced that it will become the first-ever Nasdaq-listed company to offer dividends paid out directly in Bitcoin (BTC) to its shareholders.

The proclaimed “Bividend” is a dividend payable to BTCS’s shareholders of record at their election in either Bitcoin or cash. The company is planning to pay $0.05 per share in Bitcoin, based on the BTC price on the ex-dividend date. Investors who opt of out the “Bividend” will receive a standard cash dividend of $0.05.

BTCS is one of the few publicly-traded companies that is straight-up “orange pilled.” It has a long history of “firsts” in the Bitcoin and crypto space, as highlighted by Charles Allen, the company’s CEO.

“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 U.S. public company focused on cryptocurrencies and blockchains, the first U.S. public company to mine Bitcoin, the first U.S. public company to implement a digital asset treasury strategy, and the first U.S. public company to secure next-generation proof-of-stake blockchains.”

The move to introduce Bitcoin dividends adds yet another first to the crypto company’s list.

“Now, we are the first Nasdaq-listed company to pay a Bividend, a dividend payable in Bitcoin at the option of our shareholders. This is a moment we have long anticipated since the Company purchased the domain, bividend.com, in February 2015. BTCS is now in the financial position required to execute on the Company’s vision.

As we build an ownership base of long-term, fundamental shareholders, the payment of this special Bividend is an important step in showcasing the disruptive nature of blockchain technology.”

Bitcoin Gaining Traction In Traditional Finance

As Bitcoin continues plowing through the mainstream financial space, individuals, companies, banks, and countries are all hopping aboard to find protection in the king crypto asset. 

Just this morning, an executive from Goldman Sachs stated that Bitcoin will continue to eat up gold as it marches towards $100,000.

It’s wild to think that “cryptographically-secured magic internet money” that was probably forged in the dinge of someone’s poorly-lit basement revolutionized itself into the fastest-growing asset in recorded history. While there are plenty of pro-Bitcoin proponents spread throughout the world, sitting in the highest-ranking legislative bodies of the government or just sitting down with their family at the dinner table, the reality is that Bitcoin’s inception proves that good ideas don’t need marketing schemes. 

When something works, it gets used. When it’s better than something else, it gets adopted at an even faster rate. We even have unexpected names like Melania Trump joining in on the conversation, showing her approval for Bitcoin just weeks after former US President Donald Trump tried to denounce cryptocurrency while recognizing its incredible growth over the last year.

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Most people tend to think rather linearly about progress – the former first lady likes Bitcoin, big deal, right? Trump’s talking about crypto being the largest bubble we’ve ever seen, making the tech boom of the 90s look like a child’s game, it’s gonna crash, right? 

The reality, however, is that technological progress moves exponentially in today’s world. Bitcoin has gone from a literal meme only used by tech geeks and anonymous online drug pins to a primary conversation point among US politicians, bankers, newscasters, and institutions. The trend is your friend, as they say, and by the looks of it, the overall trend is leaning more and more towards Bitcoin’s favor.

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