Ethereum treasury firm BTCS Inc. will issue a one-time Ether dividend payment and a loyalty payment totaling $0.40 per share in ETH to reward shareholders and curb “predatory short-selling.” The payments aim to empower long-term shareholders and limit shares lending to short-sellers, boosting BTCS shares by 10.4% on the day.

The ETH dividend and “Loyalty Payment” will be paid in September and January 2026, respectively, to reward shareholders. BTCS aims to differentiate itself among the 69 ETH treasury entities vying for the most ETH holdings, contributing to Ether’s price rally from $1,465 to $4,775 in the past four months.

BTCS eyes a top 10 spot in the ETH treasury race, currently ranking 11th with 70,000 ETH worth over $303 million, according to StrategicETHReserve data. Leveraging DeFi tools like borrowing on Aave and staking, BTCS aggressively accumulated ETH recently, funded through different financial strategies like at-the-market equity offerings and issuing convertible notes.

After tumbling from a July high of $6.57, BTCS shares recovered 10.4% to $4.87 on Monday, boosting its market cap to $233 million. The Nasdaq-listed firm’s innovative approach to rewarding shareholders with ETH dividends and payments has garnered investor interest, showcasing its potential in the competitive ETH treasury landscape.

Read more at Cointelegraph: BTCS Inc To Pay ETH Dividend, Loyalty Payment To Deter Short-Sellers