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.
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.