The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | 1,871,283 |
| Payment of formation, general and administrative expenses through advances from related party | 59,534 |
| Payment of accrued expenses through advances from related party | 27,680 |
| Interest earned on marketable securities held in trust account | 2,412,555 |
| Prepaid expenses | 132,933 |
| Prepaid insurance | 153,125 |
| Accrued expenses | -5,722 |
| Net cash used in operating activities | -745,838 |
| Investment of cash into trust account | 253,000,000 |
| Cash withdrawn from trust account for working capital purposes | 400,000 |
| Net cash used in investing activities | -252,600,000 |
| Proceeds from sale of units, net of underwriting discounts paid | 248,600,000 |
| Proceeds from sale of private placement units | 7,600,000 |
| Repayment of advances from related party | 238,977 |
| Proceeds due to sponsor | 5,200,000 |
| Repayment of promissory note | 5,200,000 |
| Payment of offering costs | 629,486 |
| Net cash provided by financing activities | 255,331,537 |
| Net change in cash | 1,985,699 |
| Cash end of period | 1,985,699 |
BTC Development Corp. (BDCIW)
BTC Development Corp. (BDCIW)