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BTC Development Prices 22 Million Unit IPO at $10 per Unit
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BTC Development Prices 22 Million Unit IPO at $10 per Unit
Sep 30, 2025 7:14 AM

09:09 AM EDT, 09/30/2025 (MT Newswires) -- BTC Development said Tuesday it priced an initial public offering of 22 million units at $10 per unit.

The company's units, which will be listed on the Nasdaq Global Market under the BDCIU symbol, will begin trading Tuesday.

When the securities comprising the units begin separate trading, the class A ordinary shares and warrants are expected to be listed on NASDAQ under the BDCI and BDCIW symbols, respectively.

The company also granted the underwriter a 45-day option to acquire up to an additional 3.3 million units at the IPO price to cover any over-allotments.

Closing of the offering is slated to take place on or about Wednesday, BTC Development said.

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