Dividend day is upon us once again.
NXT price is pretty much at an all-time low, which means less purchasing power against BTCD. Additionally, there was no E9 dividend this week (it's tomorrow). The combined effect of these would have led to a lower dividend this week but...
We also decided to sell 20% of our CORE holdings (3,200 assets). We purchased these at 6 NXT and sold at 28. This decision was solely about de-risking our holdings and freeing up funds for other activities. CORE has risen around 500%, so selling a fifth of our holdings made a lot of sense to us. We plan to hold the remainder, unless CORE undergoes another impressive rise in value, in which case selling a few more might be a smart thing to do.
The 89,600 NXT raised by the sale pretty much cancels out our initial 100k NXT purchase of CORE (then BTCOR), so we now hold the remaining assets 'for free'. To thank our holders, we decided to dividend out 10k NXT of that amount this week.
MMBTCD (8122396658538927693) Total issued assets: 1000000, Assets to be distributed to: 400000
Summary of proposed distribution of 124 [superBTCD] assets to 104 assetholders
Based on ownership at timestamp 59522996 (Wed, 14 Oct 2015 10:09:56 GMT)
Message included-->Dividend from asset MMBTCD(8122396658538927693): MMBTCD dividend
Thanks for holding!