Bitcoin Is Paying Out Dividends Now -- Just Not to Everyone
Five Reasons 'Bitcoin Jesus' Loves the Digital Currency
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On top of stupendous capital gains, investors in bitcoin are also getting a dividend -- if they’re lucky.
A split in the blockchain created a new offshoot in the form of bitcoin gold on Tuesday, with bitcoin holders receiving one unit for every bitcoin they own, according to the offshoot’s developers. The cryptocurrency fell from a record high after the so-called hard fork, just as stocks typically drop after going ex-dividend. Other major digital currencies including ethereum gained, as investors sold bitcoin and moved the cash to alternatives, said Gavin Yeung, chief executive officer at investment company Cryptomover.