BTC Development Corp. Class A Ordinary Shares

BTC Development Corp. Class A Ordinary Shares

BDCI
BTC Development Corp. Class A Ordinary SharesUS flagNASDAQ Global Select
10.09
USD
+0.01
- -
11.60MMarket Cap
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
Basic EPS, GAAP
- -
-0.02
0.13
0.19
Free Cash Flow per Basic Share
- -
- -
-0.05
-0.07
Dividend per Share
- -
- -
- -
- -
Book Value per Share
- -
-0.04
17.16
12.75
Tangible Book Value per Share
- -
-0.04
17.16
12.75
Basic Weighted Avg Shares
- -
1
14
19
Sales/Revenue/Turnover
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
Net Income, GAAP
- -
- -
2
4
Effective Tax Rate (%)
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
Working Capital
- -
- -
2
2
LT Debt
- -
- -
- -
- -
Total Equity
- -
- -
246
248
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
35
35
35
Market Capitalization
- -
173
194

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
3
2
2
Cash, Cash Equivalents & STI
3
2
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
6
- -
- -
Payables & Accruals
6
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-477,226.78%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
-5,670.62%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
-0.02
2025
- -
- -
-0.01
- -
0.13
2026
0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Bracebridge Hemyng Young Jr.
Full Time Employees
2
Sector
Financial Services
Industry
Shell Companies
Address
2929 Arch Street Philadelphia PA United States of America 19104
IPO Date
Oct 16, 2025
Business
BTC Development Corp. (NASDAQ: BDCI) is a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets; it primarily targets opportunities in the bitcoin ecosystem or companies with potential to integrate bitcoin into their capital structures, balance sheets, or operations. Incorporated in 2023 and headquartered at 2929 Arch Street, Suite 1703, Philadelphia, Pennsylvania, the company operates in the financial services sector within the shell companies industry and has not yet identified or completed a specific target business. In September 2025, BTC Development Corp. completed an initial public offering of 25.3 million units priced at $10.00 each, raising $253 million in gross proceeds, with $253 million placed in trust; units began trading on Nasdaq under BDCIU, followed by separate trading of Class A ordinary shares (BDCI) and warrants (BDCIW) commencing October 16, 2025. The IPO was led by joint book-running managers Cohen & Company Capital Markets and Keefe, Bruyette & Woods, a Stifel Company, with full exercise of the underwriters' over-allotment option. The management team includes President and CEO Bracebridge H. Young, Jr., Chairman Betsy Z. Cohen, and Vice Chairman Jonathan Kirkwood.

Company News

APIChatGPT
  • BTC Development (NASDAQ:BDCI) Stock Price Down 0.1% – Time to Sell?