The world's first! The Nasdaq-listed company has announced a dividend payment in bitcoin

Time:2022-01-08 Source: 770 views Trending Copy share

Investing.com - BTCS Inc (NASDAQ:BTCS), a small Nasdaq-listed company focused on blockchain technology, said they will be the first in the world to use bitcoin to investors, according to media reports on Wednesday. companies that pay dividends.

Investors of record on March 17 can choose to receive a cash dividend of 5 cents per share, or the equivalent in bitcoin, the company said in a statement.

After the company's announcement, its stock price rose sharply. As of Wednesday's close, the stock price closed up 43% at $4.36, and the company's market value rose to $44.8 million.

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