BTCS’s ETH Dividend Gambit: Will It Fool Short Sellers? 💸⚡

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Key Takeaways

BTCS Inc. plans to become the first firm to issue $0.40 per share in ETH for dividends and loyalty payments for long-term investors. Will other treasury players follow the trend? 🤔

Ethereum’s venerable treasury colossus, BTCS Inc., has proffered a novel proposition: dividends and tokens of appreciation in ETH to its shareholders, a gesture as unexpected as a sonnet in a stock market. 🎭

Investors who hold BTCS shares by the record date of 26 September 2025 will be eligible for a $0.05 dividend per share. This will be a one-time pay-off via ETH wallet, a transaction as fleeting as a comet’s tail. 🌟

Additionally, those who hold the BTCS shares up to 26 January 2026 will earn an extra $0.35 per share as a loyalty payment, a reward as sweet as a sugar cube in a storm. 🍬

In other words, long-term investors could earn as much as $0.40 per share in ETH. According to the firm, the move would push against aggressive short sellers, a battle as futile as a pebble against a tsunami. ⚔️

“Reward our long-term shareholders and empower them to take control of their investment by reducing the ability of their shares to be lent to predatory short-sellers.”

ETH treasury boom

BTCS Inc. has, in the past 30 days, occupied a lofty position among the top five in aggressive ETH bids, a feat akin to a hummingbird’s dance in a storm, as per Strategic ETH Reserve. 🦜

At press time, it held 70k ETH worth $301M. However, its stock, BTCS, has endured a heavy sell-off despite ETH’s recent rally on the price charts, a curious phenomenon akin to a symphony played on a broken piano. 🎼

It has dropped by over 45% since July, from $8.5 to below $5. Relative to the world’s largest ETH treasury firm BitMine (BMNR), BTCS was only up 15% on a year-to-date (YTD) basis at press time, a performance as lackluster as a dandelion in a desert. 🌵

In fact, BMNR pumped by 575% over the same period, a meteoric rise that would make even a rocket scientist blush. 🚀

Hence, the question – Will $0.40 per share dividend and loyalty payout attract new buyers from other ETH treasuries for BTCS? A question as profound as the meaning of life, but with fewer answers. 🧠

Well, after the update, its share bounced by 10%. Worth noting, however, that it appeared ready to erase its gains at press time, a dance as unpredictable as a drunken waltz. 🕺

For its part, ETH’s price dropped slightly to $4.3k after hitting a resistance near $4.8k. While the retracement was marked by significant outflows from Spot ETH ETFs, crypto treasuries continued bidding, a testament to their unyielding optimism. 🧲

At the time of writing, treasuries held 4.1M ETH, up from 3M ETH since 10 August. BitMine, in particular, has acquired over $6.6 billion ETH, with $1.7 billion ETH scooped up in the past week alone, a feat as impressive as a magician pulling a rabbit out of a hat. 🎩

Overall, these public and Web 3 firms controlled 3.4% while ETFs had 5.4% of the overall ETH supply. Whether treasury demand will ease ETH’s pullback and keep it above $4k remains to be seen, a mystery as tantalizing as a locked diary. 🔐

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2025-08-20 08:12