BTC Development Corp. filings document the regulatory profile of a Cayman Islands blank-check company and its public SPAC securities. The disclosures cover BDCIU units, Class A ordinary shares and warrants listed on Nasdaq, emerging growth company status, capital structure, governance matters and material-event reporting under the Exchange Act.
Company filings also record security-structure events such as unit separation and separate trading of Class A shares and warrants, along with tax-related disclosures including a PFIC Annual Statement for holders of Class A ordinary shares.
BTC Development Corp. ownership disclosure: A group led by TD Securities (USA) LLC reports beneficial ownership of 1,695,100 shares of Class A ordinary shares, representing 6.5% of the class as reported with an as of date of 03/31/2026.
The filing shows TD Securities (USA) LLC has sole voting and dispositive power over 495,100 shares and Toronto Dominion Bank has sole voting and dispositive power over 1,200,000 shares. The statement is jointly filed by TDS, Toronto Dominion Holdings USA Inc., TD Group US Holdings LLC and Toronto Dominion Bank under a joint filing agreement.
BTC Development Corp. ownership disclosure: A group led by TD Securities (USA) LLC reports beneficial ownership of 1,695,100 shares of Class A ordinary shares, representing 6.5% of the class as reported with an as of date of 03/31/2026.
The filing shows TD Securities (USA) LLC has sole voting and dispositive power over 495,100 shares and Toronto Dominion Bank has sole voting and dispositive power over 1,200,000 shares. The statement is jointly filed by TDS, Toronto Dominion Holdings USA Inc., TD Group US Holdings LLC and Toronto Dominion Bank under a joint filing agreement.
Cartesian Growth Corp III reported that Meteora Capital, LLC and Vik Mittal disclosed beneficial ownership of 1,492,978 shares of Class A Common Stock, equal to 5.40% of the class. The Schedule 13G shows shared voting and shared dispositive power over those shares held for Meteora-managed funds.
Cartesian Growth Corp III reported that Meteora Capital, LLC and Vik Mittal disclosed beneficial ownership of 1,492,978 shares of Class A Common Stock, equal to 5.40% of the class. The Schedule 13G shows shared voting and shared dispositive power over those shares held for Meteora-managed funds.
BTC Development Corp. reports that Meteora Capital, LLC and Vik Mittal together beneficially own 1,959,275 shares of Class A Common Stock, representing 7.52% of the class. The filing attributes shared voting and shared dispositive power over these shares to the reporting persons.
BTC Development Corp. reports that Meteora Capital, LLC and Vik Mittal together beneficially own 1,959,275 shares of Class A Common Stock, representing 7.52% of the class. The filing attributes shared voting and shared dispositive power over these shares to the reporting persons.
BTC Development Corp. reported its first full quarter as a SPAC for the period ended March 31, 2026, showing net income of $1,701,548 driven entirely by interest on IPO proceeds held in trust.
The company earned interest income of $2,242,309 on marketable securities in its Trust Account, which held $257,254,864 at quarter-end, while incurring formation, general and administrative costs of $540,761. Cash outside the Trust Account was $1,448,349, supporting a working capital surplus of $1,590,288. BTC Development has not begun operating a business and continues to search for a Business Combination, with 25,300,000 Class A shares classified as redeemable at a redemption value of $10.17 per share.
BTC Development Corp. reported its first full quarter as a SPAC for the period ended March 31, 2026, showing net income of $1,701,548 driven entirely by interest on IPO proceeds held in trust.
The company earned interest income of $2,242,309 on marketable securities in its Trust Account, which held $257,254,864 at quarter-end, while incurring formation, general and administrative costs of $540,761. Cash outside the Trust Account was $1,448,349, supporting a working capital surplus of $1,590,288. BTC Development has not begun operating a business and continues to search for a Business Combination, with 25,300,000 Class A shares classified as redeemable at a redemption value of $10.17 per share.
BTC Development Corp. (Class A ordinary shares, CUSIP G0701G109) is reported as beneficially owned in part by five related RP entities. The filing lists specific shared voting and dispositive holdings for each fund, with individual stakes ranging from 51,148 to 1,359,018 shares. The percentages reference 26,060,000 Class A ordinary shares outstanding as reported in the issuer's annual report on March 24, 2026.
The statement is jointly filed by RP Investment Advisors LP and four RP funds. RP Investment Advisors LP acts as investment advisor and may be deemed to beneficially own the securities held by the funds. Signatures are provided by Richard Pilosof as CEO of RP Investment Advisors LP.
BTC Development Corp. (Class A ordinary shares, CUSIP G0701G109) is reported as beneficially owned in part by five related RP entities. The filing lists specific shared voting and dispositive holdings for each fund, with individual stakes ranging from 51,148 to 1,359,018 shares. The percentages reference 26,060,000 Class A ordinary shares outstanding as reported in the issuer's annual report on March 24, 2026.
The statement is jointly filed by RP Investment Advisors LP and four RP funds. RP Investment Advisors LP acts as investment advisor and may be deemed to beneficially own the securities held by the funds. Signatures are provided by Richard Pilosof as CEO of RP Investment Advisors LP.
BTC Development Corp. is a Cayman Islands-based blank check company that completed an IPO of 25,300,000 units on October 1, 2025, placing $253,000,000 into a trust account. It is seeking a business combination, primarily in the bitcoin ecosystem, before a completion window ending October 1, 2027 (or January 1, 2028 if extended under specified conditions).
The trust is intended to support redemptions at about $10.00 per Class A share if no deal is completed. As of March 23, 2026, there were 26,060,000 Class A ordinary shares and 8,686,667 Class B founder shares outstanding, with founder shares carrying anti-dilution rights that can materially dilute public holders at the business combination.
BTC Development Corp. is a Cayman Islands-based blank check company that completed an IPO of 25,300,000 units on October 1, 2025, placing $253,000,000 into a trust account. It is seeking a business combination, primarily in the bitcoin ecosystem, before a completion window ending October 1, 2027 (or January 1, 2028 if extended under specified conditions).
The trust is intended to support redemptions at about $10.00 per Class A share if no deal is completed. As of March 23, 2026, there were 26,060,000 Class A ordinary shares and 8,686,667 Class B founder shares outstanding, with founder shares carrying anti-dilution rights that can materially dilute public holders at the business combination.
BTC Development Corp. filed a Form 8-K stating it has made its PFIC Annual Statement for fiscal year 2025 available to holders of its Class A ordinary shares. The company explains it may be treated as a passive foreign investment company for U.S. federal income tax purposes.
The statement is intended to help shareholders make an optional Qualified Electing Fund (QEF) election on their own tax returns. For 2025, the PFIC table shows ordinary earnings of US$0.0010364990 and no net capital gains, cash distributions, or property distributions. The filing emphasizes that shareholders should consult personal tax advisors.
BTC Development Corp. filed a Form 8-K stating it has made its PFIC Annual Statement for fiscal year 2025 available to holders of its Class A ordinary shares. The company explains it may be treated as a passive foreign investment company for U.S. federal income tax purposes.
The statement is intended to help shareholders make an optional Qualified Electing Fund (QEF) election on their own tax returns. For 2025, the PFIC table shows ordinary earnings of US$0.0010364990 and no net capital gains, cash distributions, or property distributions. The filing emphasizes that shareholders should consult personal tax advisors.
Meteora Capital, LLC, together with its managing member Vik Mittal, reported beneficial ownership of Class A Common Stock of BTC Development Corp.7.0294% of the class.
All 1,831,855 shares are reported with shared voting and shared dispositive power, with no sole voting or dispositive authority. The shares are held by funds and managed accounts for which Meteora Capital serves as investment manager, and the filing states they were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of BTC Development Corp.
Meteora Capital, LLC, together with its managing member Vik Mittal, reported beneficial ownership of Class A Common Stock of BTC Development Corp.7.0294% of the class.
All 1,831,855 shares are reported with shared voting and shared dispositive power, with no sole voting or dispositive authority. The shares are held by funds and managed accounts for which Meteora Capital serves as investment manager, and the filing states they were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of BTC Development Corp.
BTC Development Corp. received a significant ownership disclosure from TD entities. As of December 31, 2025, TD Securities (USA) LLC and The Toronto-Dominion Bank and affiliates reported beneficial ownership of 1,332,581 Class A ordinary shares of BTC Development Corp., representing 5.1% of the class.
Within this stake, The Toronto-Dominion Bank has sole voting and dispositive power over 1,200,000 shares, while TD Securities (USA) LLC controls 132,581 shares. The TD entities state that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of BTC Development Corp.
BTC Development Corp. received a significant ownership disclosure from TD entities. As of December 31, 2025, TD Securities (USA) LLC and The Toronto-Dominion Bank and affiliates reported beneficial ownership of 1,332,581 Class A ordinary shares of BTC Development Corp., representing 5.1% of the class.
Within this stake, The Toronto-Dominion Bank has sole voting and dispositive power over 1,200,000 shares, while TD Securities (USA) LLC controls 132,581 shares. The TD entities state that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of BTC Development Corp.
Glazer Capital, LLC and Paul J. Glazer filed an amended ownership report on BTC Development Corp. units. They report beneficial ownership of 1,174,323 units, representing 4.51% of the class as of 12/31/2025, with shared voting and dispositive power over all reported units.
The units each consist of one Class A ordinary share and one-fourth of one redeemable warrant. The securities are held through funds and managed accounts advised by Glazer Capital, and the filers state the holdings are in the ordinary course of business and not for influencing control of BTC Development Corp.
Glazer Capital, LLC and Paul J. Glazer filed an amended ownership report on BTC Development Corp. units. They report beneficial ownership of 1,174,323 units, representing 4.51% of the class as of 12/31/2025, with shared voting and dispositive power over all reported units.
The units each consist of one Class A ordinary share and one-fourth of one redeemable warrant. The securities are held through funds and managed accounts advised by Glazer Capital, and the filers state the holdings are in the ordinary course of business and not for influencing control of BTC Development Corp.