What is BTC Development Corp. 's market cap?

BTC Development Corp. (BDCI) has a market capitalization of $350.9M and trades on NASDAQ.

Who are BTC Development Corp. 's competitors?

BTC Development Corp. 's key competitors include Inflection Point Acquisition Corp. V Class A Ordinary Shares, Silver Pegasus Acquisition Corp Class A Ordinary Shares, Digital Asset Acquisition Corp. Class A Ordinary shares, and others. These companies compete in similar markets and product categories.

Who does BTC Development Corp. partner with?

BTC Development Corp. 's notable partners include Cantor Fitzgerald & Co., Keefe, Bruyette & Woods, Ten31 LLC, and others.

Where is BTC Development Corp. headquartered?

BTC Development Corp. is headquartered in United States of America. It has been publicly traded since 2025.

BDC

BTC Development Corp.

BDCI

Market cap

$350.94M-0.7%

Net income$3.6M—

EPS (diluted)$35,626.18—

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 12, 2026

EPS$0.05

Read the full report

Next report

Date not yet announced

Financials

Q1 2026

Income statement

See full

Operating income-$540.8K-1,418%

Net income$1.7M+4,876%

EPS (diluted)$0.05+100%

Balance sheet

See full

Cash & equivalents$1.4M—

Total equity-$9.1M-14,588%

Total assets$259.0M—

Cash flow

See full

Operating cash flow-$537.4K-188%

Valuation & ratios

Valuation

See full

Market cap$350.94M-0.7%

P/E97.3×—

Returns & leverage

See full

Current ratio13.7×—

Competitors

By market cap

IAC

Idea Acquisition Corp. $434.4M—

BDC

BTC Development Corp. $350.9M—

TVA

Texas Ventures Acquisition III Corp$316.8M+4.8%

ADA

American Drive Acquisition Company $289.2M—

MKL

McKinley Acquisition Corporation$247.3M—

DAA

Digital Asset Acquisition Corp.$239.4M-0.3%

SPE

Silver Pegasus Acquisition Corp.$157.8M—

IPE

Inflection Point Acquisition Corp V$125.3M—

Profile

BTC Development Corp. is a blank check company, also known as a Special Purpose Acquisition Company (SPAC), formed for the purpose of effecting a merger, share exchange, or similar business combination. The company focuses its search on the bitcoin ecosystem, targeting businesses that can integrate bitcoin into their capital structures, balance sheets, or operations. Its core value proposition is to identify and acquire companies with strong operating track records that can benefit from a dedicated bitcoin treasury reserve strategy and enhanced bitcoin technology capabilities.

Competitive position

The company leverages a management team with extensive experience in the SPAC market and the bitcoin sector to identify high-potential targets. It faces intense competition from other SPACs, private equity firms, and strategic buyers for attractive acquisition candidates.

GeographiesCayman Islands, United States, Global

Customer segmentsPublic market investors, Bitcoin ecosystem companies

Business modelSPAC, Acquisition-led growth

SuppliersInvestment banks, Legal counsel, Independent auditors, SPAC sponsors

CustomersPublic shareholders, Target operating companies

CountryUnited States of America

Listed2025

CEOBracebridge Hemyng Young Jr.

SectorFinancial Services

IndustryAsset Management

FilingsSEC EDGAR

Questions, answered.

What is BTC Development Corp. 's market cap?: BTC Development Corp. (BDCI) has a market capitalization of $350.9M and trades on NASDAQ.
Who are BTC Development Corp. 's competitors?: BTC Development Corp. 's key competitors include Inflection Point Acquisition Corp. V Class A Ordinary Shares, Silver Pegasus Acquisition Corp Class A Ordinary Shares, Digital Asset Acquisition Corp. Class A Ordinary shares, and others. These companies compete in similar markets and product categories.
Who does BTC Development Corp. partner with?: BTC Development Corp. 's notable partners include Cantor Fitzgerald & Co., Keefe, Bruyette & Woods, Ten31 LLC, and others.
Where is BTC Development Corp. headquartered?: BTC Development Corp. is headquartered in United States of America. It has been publicly traded since 2025.