There is a virtual currency called the "Bitcoin."
The images are from the same company.
The company said it will pay a dividend in the virtual currency.
If shareholders opt-in, the company will pay a 5-cent dividend to its shareholders.
The company said that it will be able to build its shareholder base by paying a dividend.
Our daily newsletter is called 10 Things Before the Opening Bell.
The company plans to pay a dividend in the virtual currency.
The company calls it a "bividend" that it is the first company to ever pay a bitcoin dividend. The move to promote the adoption of cryptocurrencies, build its shareholder base, reward shareholders, and tighten its float by temporarily removing shares from its tradeable float is being made by BTCS.
The price of thecryptocurrencies on the ex-dividend date will determine the amount of the dividend. If you want to receive the dividend in bitcoin, you have to move your shares to its transfer agent, provide a valid wallet address, and opt-in via its transfer agent.
The shareholders who don't opt-in will receive the dividend in cash.
The purchase of the bividend.com domain name in February of 2015 was the basis for the long-term plan for the cryptoPayout.
This is an ideal time to reward our shareholders with a non-taxable return because of the 12.6% discount to the Company's digital asset holdings and cash position.
The stock price hit a high on Wednesday.
Markets Insider.
Business Insider has an original article.
