BDCI

BTC Development Corp.
—

Company Information

Company Name
BTC Development Corp.
CIK
CIK0002042292
Category
Non-accelerated filer<br>Smaller reporting company<br>Emerging growth company
Ticker: Exchange
BDCI: Nasdaq, BDCIU: Nasdaq, BDCIW: Nasdaq
Fiscal Year End
December 31
Owner Organization
05 Real Estate & Construction
SIC
6770
SIC Description
Blank Checks
Ticker
BDCI

SEC filing data through

Insider Sentiment

Last purchase
—
Last sale
—
Shares purchased (TTM)
0
Shares sold (TTM)
0
Buy ratio (TTM)—

Institutional Sentiment

As of
2026-06-30
Institutional shares owned
20,456,960
Shares outstanding
26,060,000
Ownership
78.50%

Earnings Market Reaction

Filing date
2026-08-10
Price on filing date
—
1-month reaction
0.55%
3-month reaction
…
Drift continued2/3 (67%)
Faded / reversed1/3 (33%)

Balance Sheet

Values in millions ($)
Line item2026-06-302026-03-312025-12-312025-09-30Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Common Class A00026
Common Class B0009
Assets Current
Cash1123
Cash And Cash Equivalents At Carrying Value1---
Other Prepaid Expense Current000-
Prepaid Insurance000-
Assets Current1223
Deferred Costs---1
Assets Held In Trust Noncurrent---2
Long Term Investments-00-
Marketable Securities-257255-
Marketable Securities Noncurrent260---
Assets2612592576
Liabilities Current
Accrued Liabilities Current0000
Other Liabilities Current---5
Liabilities Current000-
Liabilities1111116
Temporary Equity Carrying Amount Attributable To Parent260257255-
Stockholders Equity
Additional Paid In Capital---0
Retained Earnings Accumulated Deficit-10-9-9-0
Stockholders Equity-10-9-9-0
Liabilities And Stockholders Equity2612592576
Preferred Stock Par Or Stated Value Per Share0.000.000.000.00
Preferred Stock Shares Authorized1111

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Recent filings

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BTC Development Corp. (BDCI) — SEC Financial Statements & Analysis

BTC Development Corp. (BDCI) is a blank checks company, incorporated in E9. BTC Development Corp. trades on Nasdaq as: BDCI, BDCIU, BDCIW. BTC Development Corp. (BDCI)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-10. Based on that filing, BTC Development Corp. carries a market cap of $262.42M, a P/E ratio of 48.23x, a P/B ratio of -27.47x, an enterprise value of $261.30M, and an EV/EBITDA multiple of 283.43x. On profitability, it posts a Return on Equity (ROE) of -56.95% and a Return on Assets (ROA) of 2.09%. Per share, it reports EPS of $0.21, diluted EPS of $0.21, free cash flow per share of $-0.03, and a dividend per share of $0.00. On the balance sheet, it maintains a current ratio of 8.73x, a quick ratio of 8.73x, working capital of $1.20M, a debt-to-equity ratio of -1.14x, a debt ratio of 0.04, free cash flow of $-861.08K (TTM), and net debt of $-1.12M. Figures sourced from SEC EDGAR.

Market Cap
$262.42M
P/E TTM
48.23x
EPS TTM
$0.21
P/B TTM
-27.47x
ROE TTM
-56.95%
ROA TTM
2.09%
Debt To Equity
-1.14x
Free Cash Flow TTM
$-861.08K

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is BTC Development Corp. in?

BTC Development Corp. (BDCI) operates in the Blank Checks industry.

What exchange does BDCI trade on?

BTC Development Corp. (BDCI) trades on the Nasdaq.

Where is BTC Development Corp. incorporated?

BTC Development Corp. is incorporated in Cayman Islands.

When was BTC Development Corp. (BDCI)'s most recent SEC filing?

BTC Development Corp. (BDCI)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-10.

What is BDCI's market cap?

BTC Development Corp. (BDCI) has a market capitalization of $262.42M as of 2026-06-30.

What is BDCI's P/E ratio?

BTC Development Corp. (BDCI)'s trailing twelve month P/E ratio is 48.23x as of 2026-06-30.

What is BDCI's EPS (earnings per share)?

BTC Development Corp. (BDCI)'s trailing twelve month EPS is $0.21 as of 2026-06-30.

What is BDCI's ROE (return on equity)?

BTC Development Corp. (BDCI)'s trailing twelve month Return on Equity (ROE) is -56.95% as of 2026-06-30.

What is BDCI's ROA (return on assets)?

BTC Development Corp. (BDCI)'s trailing twelve month Return on Assets (ROA) is 2.09% as of 2026-06-30.

What is BDCI's EV/EBITDA?

BTC Development Corp. (BDCI)'s trailing twelve month EV/EBITDA is 283.43x as of 2026-06-30.

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