Blockchain technology company BTCS became the first Nasdaq-listed company to announce a "bividend."
The company will pay each shareholder the equivalent of 5 cents in
bitcoin or cash, at the discretion of the shareholder. If you are not
familiar with BTCS, the company has two full-time employees, a market
capitalization of about $46 million, and hasn't shown a profit for the
last four years. We should note that the market capitalization was based
on yesterday's closing price as the company's stock has jumped about 50
percent so far today on the announcement!
Wednesday, January 5, 2022
BTCS Announces Bividend
