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BTCS Sets Ethereum Precedent for Corporate Finance | US Crypto News

1 min
Updated by Lockridge Okoth
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In Brief

  • BTCS’s Bividend and BitMine’s accumulation highlight Ethereum moving into traditional corporate finance.
  • Both moves signal growing trust in ETH as a macro asset and potential long-term hedge.
  • Ethereum-based dividends could inspire other public companies to consider blockchain-native payouts.
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Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. 

Grab a coffee, as what began as an experiment in decentralized computing is now driving shareholder rewards, reshaping corporate treasuries, and redefining Wall Street’s future.

Crypto News of the Day: BTCS Breaks Ground With Ethereum Bividend

BTCS Inc., popularly known as the Ethereum MicroStrategy, as indicated in a recent US Crypto News publication, announced on Monday that it will pay shareholders a one-time blockchain dividend (Bividend) of $0.05 per share in Ethereum (ETH).

The move makes BTCS the first publicly traded company in the world to issue a dividend in Ethereum.

In addition to the Bividend, BTCS will reward loyal shareholders with a one-time $0.35 per share Ethereum payout.

To qualify, investors must move their shares to book entry with the company’s transfer agent and hold them through January 26, 2026. Together, the two payments total $0.40 per share in ETH.

“These payments are designed to 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,” the company stated in its announcement.

Management emphasized that the Ethereum-based dividend is more than just a payout, calling it a statement of trust, loyalty, and shared vision for BTCS’s future.

The move follows years of experimentation with blockchain-based shareholder engagement. It may set a precedent for other companies considering digital-asset-based distributions.

BitMine Expands Its Ethereum Treasury

While BTCS is innovating on the shareholder rewards front, BitMine Immersion Technologies is accelerating its aggressive Ethereum accumulation strategy.

The company disclosed this week that its crypto holdings now exceed $6.6 billion, up from $4.9 billion just a week earlier.

As of August 17, BitMine reported holding 1,523,373 ETH, worth $4,326 per token, and 192 Bitcoin. This expansion makes BitMine the largest Ethereum treasury in the world, and the second-largest overall crypto treasury, behind only MicroStrategy (MSTR), which holds 629,376 BTC valued at $72.64 billion as of this writing.

“In just a week, BitMine increased its ETH holdings by $1.7 billion…We are leading crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of our stock,” said Thomas Lee of Fundstrat, Chairman of BitMine.

The company’s ETH accumulation strategy, launched in late June, has drawn support from major institutional investors, including Cathie Wood’s ARK Invest, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, and Galaxy Digital.

As a recent US Crypto News publication revealed, BitMine’s goal is to secure 5% of Ethereum’s total supply. This bold pursuit reflects the growing conviction in Ethereum as a cornerstone of future financial infrastructure.

BitMine’s stock has also become one of the most liquid in the US, averaging $6.4 billion in daily trading volume. This ranks it 10th among all US-listed companies, above JPMorgan and just behind UnitedHealth.

Lee likened the crypto adoption to the 1971 US decision to end the Bretton Woods gold standard. He says the GENIUS Act and SEC’s Project Crypto are equally transformative.

“We continue to believe Ethereum is one of the biggest macro trades over the next 10-15 years,” he said.

Between BTCS’s historic Ethereum dividend and BitMine’s unprecedented treasury build-up, Ethereum’s role in corporate finance is entering uncharted territory.

Chart of the Day

Entities holding over 100 ETH in their treasury
Entities holding over 100 ETH in their treasury. Source: Strategic Ethereum Reserve

Byte-Sized Alpha

Here’s a summary of more US crypto news to follow today:

Crypto Equities Pre-Market Overview

CompanyAt the Close of August 15Pre-Market Overview
Strategy (MSTR)$366.32$358.41 (-2.16%)
Coinbase Global (COIN)$317.55$311.91 (-1.78%)
Galaxy Digital Holdings (GLXY)$26.09$25.87 (-0.87%)
MARA Holdings (MARA)$15.67$15.31 (-2.30%)
Riot Platforms (RIOT)$11.33$11.14 (-1.68%)
Core Scientific (CORZ)$14.13$14.35 (+1.56%)
Crypto equities market open race: Google Finance
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Lockridge Okoth
Lockridge Okoth is a Journalist at BeInCrypto, focusing on prominent industry companies such as Coinbase, Binance, and Tether. He covers a wide range of topics, including regulatory developments in decentralized finance (DeFi), decentralized physical infrastructure networks (DePIN), real-world assets (RWA), GameFi, and cryptocurrencies. Previously, Lockridge conducted market analysis and technical assessments of digital assets, including Bitcoin and altcoins such as Arbitrum, Polkadot, and...
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