BTC Development Corp. Warrant
BDCIW
NASDAQ Global Select0.41
USD
- -
- -
CIK
0002042292
ISIN
KYG0701G1174
CUSIP
G0701G117
Return %
Stock
S&P500
1Y
-50.00
26.53
3Y
-50.00
76.60
5Y
-50.00
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Bracebridge Hemyng Young Jr.
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 2929 Arch Street Philadelphia PA United States of America 19104
- IPO Date
- Oct 16, 2025
- CIK
- 0002042292
- Website
- btcdevelopment.com
- Similar Companies
- Business
- BTC Development Corp. is a blank check company, or special purpose acquisition company (SPAC), incorporated in the Cayman Islands and focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting companies in the bitcoin ecosystem or those positioned to integrate bitcoin into their capital structures, balance sheets, or operations. The company offers no current products or services beyond its SPAC structure, which provides public market exposure and capital for a future target business combination; its units, comprising one Class A ordinary share and one-fourth of a warrant (traded separately as BDCI and BDCIW on Nasdaq), enable investors to participate in the post-merger entity. Founded in 2023 and headquartered at 2929 Arch Street, Suite 1703, Philadelphia, Pennsylvania, the company operates principally in the United States with a global acquisition mandate in the financial services sector's shell companies industry. Recent developments include the completion of its initial public offering on September 30, 2025, raising $253 million through the sale of 25.3 million units at $10.00 each, including over-allotment shares, underwritten by Cohen & Company Capital Markets and Keefe, Bruyette & Woods; the separate trading of Class A ordinary shares and warrants commenced on October 16, 2025. The company, led by Chairman Betsy Z. Cohen, CEO Bracebridge H. Young, Jr., and CFO R. Maxwell Smeal, holds proceeds in trust for a business combination within 24 months, with no revenue-generating operations to date.
BTC Development (NASDAQ:BDCIW) Trading Up 7.6% – What’s Next?