Wednesday, January 26, 2022

Equity Corporate Actions Alert #2022 - 14
(UPDATE to Payable Date) Information Regarding the Distribution for BTCS Inc. (BTCS)


  • Industry Announcement

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On January 5, 2022, BTCS Inc. (BTCS) announced a dividend payable in cash or Bitcoin, at the option of the shareholder, which the company refers to as a “bividend”. The dividend is payable to shareholders of record on March 17, 2022. In order for a shareholder to receive the bitcoin option, they must complete the opt-in agreement and transfer their shares to the transfer agent, Equity Stock Transfer, prior to the ex-dividend date of March 16, 2022. Shareholders who miss the deadline either for opting in or for transferring their shares, will receive a cash dividend and no further action will be required. Instructions for opting in for the “bividend” are outlined in the company’s Form 8-K dated January 5, 2022. The details for the distribution are as follows:

Company Name/Issue: BTCS Inc. Common Stock
CUSIP: 05581M404
Symbol: BTCS
EX Date: March 16, 2022
Record Date: March 17, 2022
Payment Date: The cash dividend alternative will be paid on April 11, 2022. The bitcoin dividend alternative will be paid on April 15, 2022.
Rate of Distribution:
$0.05, Payable in cash or bitcoin. Return of Capital. Default distribution is cash. Shareholders must “opt in” for bitcoin and follow the process specified by the company by March 16, 2022.

For information regarding this announcement, contact Nasdaq Corporate Data Operations at +1 877 308 0523.

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