Shares of BTCS Inc.
shot up 9.2% in premarket trading Wednesday to bounce off a one-year low, after the blockchain technology-focused company said it will start paying a"Bividend," or a dividend payable in bitcoin at the option of the shareholder. The company said shareholders of record on March 17 will be paid a dividend of 5 cents a share in bitcoin, based on the bitcoin price BTCUSD, +0.27% on the ex-dividend date of March 16. Shareholders can elect to receive the dividend in cash, instead.
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