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For the quarter ending 2026-03-31, BDCIW has $259,014,126 in assets. $10,905,224 in debts.

Balance Sheets Overview

Current Ratio
1369.95%
Quick Ratio
1369.95%
Debt to Asset Ratio
4.21%
Unit: Dollar
Assets Breakdown
    • Marketable securities held in tr...
    • Cash
    • Prepaid expenses
    • Others
Liabilities Breakdown
    • Class a ordinary shares subject ...
    • Deferred underwriting fee payabl...
    • Accumulated deficit
    • Others

Balance Sheets
2026-03-31
2025-12-31
Cash
1,448,349 1,985,699
Prepaid expenses
179,663 132,933
Prepaid insurance
87,500 87,500
Total current assets
1,715,512 2,206,132
Long-term prepaid insurance
43,750 65,625
Marketable securities held in trust account
257,254,864 255,012,555
Total assets
259,014,126 257,284,312
Accrued offering costs
75,000 75,000
Accrued expenses
50,224 21,958
Total current liabilities
125,224 96,958
Deferred underwriting fee payable
10,780,000 10,780,000
Total liabilities
10,905,224 10,876,958
Class a ordinary shares subject to possible redemption, 25,300,000 shares at a redemption value of 10.17 and 10.08 per share as of march 31, 2026 and december 31, 2025, respectively
257,254,864 255,012,555
Ordinary shares value-Common Class A
76 76
Ordinary shares value-Common Class B
869 869
Accumulated deficit
-9,146,907 -8,606,146
Total shareholders deficit
-9,145,962 -8,605,201
Total liabilities, class a ordinary shares subject to possible redemption, and shareholders deficit
259,014,126 257,284,312
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash$1,448,349 Prepaid expenses$179,663 Prepaid insurance$87,500 Marketable securities heldin trust account$257,254,864 Total current assets$1,715,512 Long-term prepaidinsurance$43,750 Total assets$259,014,126 Accumulated deficit-$9,146,907 Total liabilities,class a ordinary...$259,014,126 Total shareholdersdeficit-$9,145,962 Ordinary sharesvalue-Common Class B$869 Ordinary sharesvalue-Common Class A$76 Class a ordinaryshares subject to...$257,254,864 Total liabilities$10,905,224 Deferred underwritingfee payable$10,780,000 Total currentliabilities$125,224 Accrued offering costs$75,000 Accrued expenses$50,224

BTC Development Corp. (BDCIW)

BTC Development Corp. (BDCIW)