BDCI
BDCI
BTC Development Corp. Class A Ordinary SharesIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $58.81K ▲ | $-58.81K ▼ | 0% | $-0.01 ▼ | $0 ▲ |
| Q2-2025 | $0 | $3.67K ▼ | $-3.67K ▲ | 0% | $-0 ▲ | $-3.67K ▲ |
| Q1-2025 | $0 | $35.63K ▲ | $-35.63K ▼ | 0% | $-0 ▼ | $-35.63K ▼ |
| Q4-2024 | $0 | $33.1K | $-33.1K | 0% | $-0 | $-33.1K |
What's going well?
There are no debt or interest costs, and the company has a clean set of results without one-time charges.
What's concerning?
No revenue at all, operating expenses surged, and losses widened sharply. The big drop in share count is also unusual and could signal a reverse split or other major change.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $2.89M | $5.66M | $5.78M | $-124.75K |
What's financially strong about this company?
The company has no debt and over $2.8 million in cash, with no risky goodwill or intangible assets.
What are the financial risks or weaknesses?
Liabilities are twice as high as assets, equity is negative, and the company cannot pay its bills with current assets. This is a sign of severe financial distress.
About BTC Development Corp. Class A Ordinary Shares
BTC Development Corp. operates as a blank check company. It was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on April 3, 2023 and is headquartered in Philadelphia, PA.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $58.81K ▲ | $-58.81K ▼ | 0% | $-0.01 ▼ | $0 ▲ |
| Q2-2025 | $0 | $3.67K ▼ | $-3.67K ▲ | 0% | $-0 ▲ | $-3.67K ▲ |
| Q1-2025 | $0 | $35.63K ▲ | $-35.63K ▼ | 0% | $-0 ▼ | $-35.63K ▼ |
| Q4-2024 | $0 | $33.1K | $-33.1K | 0% | $-0 | $-33.1K |
What's going well?
There are no debt or interest costs, and the company has a clean set of results without one-time charges.
What's concerning?
No revenue at all, operating expenses surged, and losses widened sharply. The big drop in share count is also unusual and could signal a reverse split or other major change.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $2.89M | $5.66M | $5.78M | $-124.75K |
What's financially strong about this company?
The company has no debt and over $2.8 million in cash, with no risky goodwill or intangible assets.
What are the financial risks or weaknesses?
Liabilities are twice as high as assets, equity is negative, and the company cannot pay its bills with current assets. This is a sign of severe financial distress.

CEO
Bracebridge Hemyng Young Jr.
Compensation Summary
(Year )
ETFs Holding This Stock
Summary
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Ratings Snapshot
Rating : C
Price Target
Institutional Ownership
METEORA CAPITAL, LLC
Shares:1.83M
Value:$18.37M
TORONTO DOMINION BANK
Shares:1.33M
Value:$13.37M
LINDEN ADVISORS LP
Shares:1.13M
Value:$11.28M
Summary
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