BTCS Lures Investors with Groundbreaking $0.05/Share Dividend—Paid in ETH
Wall Street meets Web3 as BTCS drops a crypto dividend bombshell.
Forget traditional payouts—this fintech play is betting big on ETH to lock in holders.
The $0.05-per-share move screams 'look at me' in a market where yield-starved investors chase shiny objects. Smart retention play or just another corporate crypto gimmick? Either way, it's working—tickers are flashing green.
Funny how 'innovative' dividends suddenly appear when institutional money starts eyeing the exits.
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.
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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