Ethereum Treasury BTCS Looks to Foil Short Sellers With One-time 'Loyalty Payment' as Shares's Value Fall Below Crypto Holdings
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最新报道：BTCS announced a one-time $0.35 per share "loyalty payment" in January for investors who transfer shares to its transfer agent, alongside a $0.05 Ethereum-denominated dividend in September. CEO Charles Allen attributed the company's discounted share price (mNAV 0.75) to hedge fund short-selling, with short interest at 7.4% of float. The move mirrors GameStop's direct registration strategy to limit share lending. BTCS, which holds 70,000 ETH ($303M) and operates validators, requires shareholders to submit wallet addresses for the Ethereum dividend. Shares rose 9% to $4.81 following the announcement.
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