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BTC Development Corp.

corporate_fare Company Profile

BTC Development Corp.

BDCI·NASDAQ·Real Estate & Construction·CIK 0002042292

BTC Development Corp. is a blank check company, also known as a Special Purpose Acquisition Company (SPAC), incorporated in the Cayman Islands. Its primary purpose is to complete a business combination, such as a merger, share exchange, asset acquisition, share purchase, or reorganization, with one or more businesses or assets. The company has not generated any operating revenues to date and does not anticipate generating operating revenues until it completes its initial business combination. While BTC Development Corp. may pursue acquisition opportunities in any business, industry, sector, or geographical location, it intends to concentrate its search on target businesses within the bitcoin ecosystem. This focus includes companies that offer attractive risk-adjusted returns and/or those believed to have the potential to integrate bitcoin into their capital structures, balance sheets, and/or operations. The company's sponsor plans to collaborate with the acquired business to implement a dedicated bitcoin treasury reserve strategy, pursue opportunistic financing to expand the target business's bitcoin treasury, enhance bitcoin technology capabilities within existing operations, and acquire bitcoin-linked assets and complementary businesses.

BTC Development Corp. (NASDAQ:BDCI) is a publicly traded company in the Real Estate & Construction sector. Wiseek has independently scored 2 items for BDCI at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-10, rated 9/10. Across its 2 most recent items scored 7 or higher, the top rating is 9/10, with 1 rated 8 or above. Recent SEC coverage for BDCI spans 10-Q.

Recent high-impact activity:

  • BTC Development Corp. Flags Going Concern Doubt as Cash Dwindles, Clock Ticks on SPAC Deal
  • BTC Development Corp. Swings to $1.7M Net Income in Q1, Driven by Trust Account Interest

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
$1.87M
Op. Cash Flow
-$745.84K
Operating Income
-$541.27K
Cash & Equivalents
$1.99M
Debt / Equity
0.00×
Source: 10-K · filed 2026-03-24 · accession 0001213900-26-033564

Short Interest & Short Volume

1.00 days to cover

FINRA reported short interest of 2,078 shares in BDCI as of the September 15, 2026 settlement, a 12.6% decrease from the prior period — about 1.0 days to cover at its recent average daily volume. On October 2, 2026, 43.3% of BDCI volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)2,078 shares as of September 15, 2026
Change vs prior period▼ 12.6%
Days to cover1.00 at avg daily volume of 19,154
Daily short volume (FINRA facilities)43.3% of 30 shares on October 2, 2026
5-day average short volume1.7%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

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$10.16 +0.01% today
52-week range · as of 2026-08-10 $9.96 – $10.26
Market cap
$352.5M
Volume
342 (0.0× avg)
3-mo avg 32.4K
Live data · 2026-10-03 07:23 UTC · Market closed

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feed BDCI - Latest Insights

BDCI
Aug 10, 2026, 5:26 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $10.09
Real-time Price: $10.16 info
Change: Low Volume info
Market Cap: $352.505M info
BDCI
May 12, 2026, 5:11 PM EDT
Source: Wiseek News
Importance Score:
7
Price at Filing: $10.03
Real-time Price: $10.16 info
Change: Low Volume info
Market Cap: $352.505M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets