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BTC Development Corp. (BDCIU)

Financial Services | Shell Companies | Philadelphia, United States | NasdaqGM
10.25 USD

Short-term:★★⯪☆☆Long-term:☆☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:08 a.m. EDT

The stock is trading at a negative book value of -$0.26, a hallmark of a shell company with no operating assets, rendering it fundamentally worthless despite the recent IPO pricing and reported nominal EPS. The lack of any revenue stream confirms that the reported earnings are likely non-operational trust income rather than business growth. With zero price history available to assess a multi-year trajectory and no dividend payments to provide income, there is no basis for a long-term investment thesis. The recent price action shows a flat consolidation pattern, offering no momentum edge, while the statistical forecast signal is irrelevant given the absence of underlying business quality.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.003919
AutoETS0.004027
AutoARIMA0.004084
AutoTheta0.005827

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 76%
H-stat 15.16
Ljung-Box p 0.000
Jarque-Bera p 0.073
Excess Kurtosis -0.11
Attribute Value
Sector Financial Services

Info Dump

Attribute Value
52 Week Change 0.014851451
Address1 2,929 Arch Street
Address2 Suite 1703
All Time High 10.55
All Time Low 10.09
Ask 10.68
Ask Size 10
Average Daily Volume10 Day 10
Average Daily Volume3 Month 244
Average Volume 244
Average Volume10Days 10
Bid 10.06
Bid Size 4
Book Value -0.263
City Philadelphia
Country United States
Crypto Tradeable 0
Currency USD
Current Price 10.25
Current Ratio 13.7
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 10.25
Day Low 10.25
Display Name BTC Development
Ebitda Margins 0.0
Enterprise Value 354,704,992
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 10.1837
Fifty Day Average Change 0.06630039
Fifty Day Average Change Percent 0.0065104426
Fifty Two Week Change Percent 1.4851451
Fifty Two Week High 10.55
Fifty Two Week High Change -0.3000002
Fifty Two Week High Change Percent -0.028436037
Fifty Two Week Low 10.09
Fifty Two Week Low Change 0.15999985
Fifty Two Week Low Change Percent 0.01585727
Fifty Two Week Range 10.09 - 10.55
Financial Currency USD
First Trade Date Milliseconds 1,759,239,000,000
Float Shares 23,588,122
Full Exchange Name NasdaqGM
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.05314
Industry Shell Companies
Industry Disp Shell Companies
Industry Key shell-companies
Ipo Expected Date 2,025-09-30
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary BTC Development Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination involving one or more businesses or assets. BTC Development Corp. was incorporated in 2023 and is based in Philadelphia, Pennsylvania.
Long Name BTC Development Corp.
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1957241703
Most Recent Quarter 1,774,915,200
Net Income To Common 3,608,457
Next Fiscal Year End 1,798,675,200
Open 10.25
Operating Cashflow -1,283,188
Operating Margins 0.0
Phone 267 703 4396
Previous Close 10.25
Price Hint 2
Price To Book -38.97338
Profit Margins 0.0
Quick Ratio 11.566
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 10.25
Regular Market Day Low 10.25
Regular Market Day Range 10.25 - 10.25
Regular Market Open 10.25
Regular Market Previous Close 10.25
Regular Market Price 10.25
Regular Market Time 1,783,454,400
Regular Market Volume 100
Sand P52 Week Change 0.20365608
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Short 6
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 6
Short Name BTC Development Corp.
Short Ratio 0.02
Source Interval 15
State PA
Symbol BDCIU
Total Cash 1,448,349
Total Cash Per Share 0.042
Total Debt 0
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 10.198586
Two Hundred Day Average Change 0.051413536
Two Hundred Day Average Change Percent 0.005041241
Type Disp Equity
Volume 100
Zip 19,104