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BTC Development Corp.

BDCI
Exchange
Nasdaq
Industry
Blank Checks
SEC CIK
0002042292

No open-market purchases or sales by BTC Development Corp. insiders were filed in the last 90 days; 53 institutions reported holding it in 13F filings for Q2 2026, worth $220.5M in total; no superinvestor holds it.

Other share classesBDCIUBDCIW

13F holders, Q1 2026

Institutional positions in BTC Development Corp. as of Mar 31, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
50
−1 vs. Q4 2025
Shares held
19.8M
−2.36M (−10.6%) vs. Q4 2025
Total value
$198.3M
−$23.6M (−10.6%) vs. Q4 2025
New holders
7
9 more added
Sold out
8
12 more reduced

1 institution that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BDCI on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2026: 50 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 0 institutionsQ3 2022: 0 institutionsQ4 2022: 0 institutionsQ1 2023: 0 institutionsQ2 2023: 0 institutionsQ3 2023: 0 institutionsQ4 2023: 0 institutionsQ1 2024: 0 institutionsQ2 2024: 0 institutionsQ3 2024: 0 institutionsQ4 2024: 0 institutionsQ1 2025: 0 institutionsQ2 2025: 0 institutionsQ3 2025: 0 institutionsQ4 2025: 52 institutionsQ1 2026: 50 institutionsQ2 2026: 53 institutions
Value heldQ1 2026: $198.3M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $0Q4 2022: $0Q1 2023: $0Q2 2023: $0Q3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $0Q3 2024: $0Q4 2024: $0Q1 2025: $0Q2 2025: $0Q3 2025: $0Q4 2025: $222.9MQ1 2026: $198.3MQ2 2026: $220.5M
Institutions holding BDCI and their total value by quarter
QuarterHoldersValue
Q2 202653$220.5M
Q1 202650$198.3M
Q4 202552$222.9M
Q3 20250$0
Q2 20250$0
Q1 20250$0
Q4 20240$0
Q3 20240$0
Q2 20240$0
Q1 20240$0
Q4 20230$0
Q3 20230$0
Q2 20230$0
Q1 20230$0
Q4 20220$0
Q3 20220$0
Q2 20220$0
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding BTC Development Corp.; share changes are against Q4 2025.

Institutions holding BDCI in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Toronto Dominion Bank1,395,000$13.9M0.03%+62,419+4.7%Added
Glazer Capital, LLC1,163,248$11.6M0.25%−11,075−0.9%Reduced
Linden Advisors LP1,125,000$11.2M0.06%00.0%Unchanged
Tenor Capital Management Co., L.P.1,125,000$11.2M0.17%00.0%Unchanged
LMR Partners LLP1,025,000$10.2M0.09%00.0%Unchanged
Adage Capital Partners GP, L.L.C.1,000,000$9.99M0.02%00.0%Unchanged
CNH Partners LLC862,058$8.61M0.14%−26,454−3.0%Reduced
Verition Fund Management LLC840,159$8.39M0.08%+20,980+2.6%Added
Magnetar Financial LLC750,000$7.50M0.08%00.0%Unchanged
Healthcare of Ontario Pension Plan Trust Fund750,000$7.49M0.01%00.0%Unchanged
Vivaldi Asset Management, LLC738,849$7.38M0.39%−11,151−1.5%Reduced
Radcliffe Capital Management, L.P.651,320$6.51M0.49%+70,004+12.0%Added
Alberta Investment Management Corp525,000$5.24M0.03%00.0%Unchanged
Periscope Capital Inc.450,000$4.50M0.78%−43,802−8.9%Reduced
Shaolin Capital Management LLC450,000$4.50M0.19%+52,652+13.3%Added
Saba Capital Management, L.P.405,127$4.05M0.13%−119,873−22.8%Reduced
Hudson Bay Capital Management LP400,000$4.00M0.02%00.0%Unchanged
Aristeia Capital LLC400,000$4.00M0.09%00.0%Unchanged
Moore Capital Management, LP400,000$4.00M0.15%00.0%Unchanged
Two Sigma Investments, LP396,439$3.96M0.00%00.0%Unchanged
Millennium Management LLC393,800$3.93M0.00%+20,800+5.6%Added
Context Capital Management, LLC350,000$3.50M0.08%00.0%Unchanged
Wolverine Asset Management LLC342,977$3.43M0.05%+322,977+1,614.9%Added
Centiva Capital, LP313,508$3.13M0.15%+263,508+527.0%Added
Wealthspring Capital LLC312,752$3.12M0.74%−21,500−6.4%Reduced
Highbridge Capital Management LLC300,000$3.00M0.19%00.0%Unchanged
BNP Paribas Arbitrage, SA269,320$2.69M0.00%+32,848+13.9%Added
Sona Asset Management (US) LLC262,494$2.62M0.10%+262,494New
Berkley W R Corp260,103$2.60M0.14%00.0%Unchanged
CSS LLC203,159$2.03M0.11%+203,159New
Governors Lane LP200,000$2.00M0.25%00.0%Unchanged
Mint Tower Capital Management B.V.200,000$2.00M0.20%00.0%Unchanged
Lineage Point Capital LP200,000$2.00M0.49%00.0%Unchanged
Rivernorth Capital Management, LLC199,756$2.00M0.10%+199,756New
Polar Asset Management Partners Inc.175,000$1.75M0.04%−538,394−75.5%Reduced
Mizuho Securities USA LLC150,000$1.49M0.04%−156,042−51.0%Reduced
Clear Street Group Inc.145,682$1.46M0.01%−113,971−43.9%Reduced
DLD Asset Management, LP108,100$1.08M0.11%00.0%Unchanged
Whitebox Advisors LLC100,000$999.0K0.01%00.0%Unchanged
O'Connor Alternative Investments LLC100,000$999.0K0.05%+100,000New
Schonfeld Strategic Advisors LLC92,201$921.1K0.01%+92,201New
Virtu Financial LLC84,346$843.0K0.03%−228−0.3%Reduced
Bulldog Investors, LLP67,060$669.9K0.15%+67,060New
Marshall Wace, LLP59,962$599.0K0.00%−40,038−40.0%Reduced
Boothbay Fund Management, LLC34,988$349.5K0.01%00.0%Unchanged
Susquehanna International Group, LLP27,871$278.4K0.00%+98+0.4%Added
Picton Mahoney Asset Management20,000$199.8K0.00%00.0%Unchanged
Abc Arbitrage SA20,000$199.8K0.03%00.0%Unchanged
Kepos Capital LP2,900$29.0K0.05%+2,900New
Morgan Stanley67$6690.00%−2−2.9%Reduced
Meteora Capital, LLC0$00.00%−1,831,855−100.0%Sold out
Harraden Circle Investments, LLC0$00.00%−666,903−100.0%Sold out
Fifth Lane Capital, LP0$00.00%−225,000−100.0%Sold out
Driehaus Capital Management LLC0$00.00%−100,000−100.0%Sold out
Cantor Fitzgerald, L. P.0$00.00%−98,000−100.0%Sold out
StoneX Group Inc.0$00.00%−52,500−100.0%Sold out
Crossingbridge Advisors, LLC0$00.00%−25,000−100.0%Sold out
Decagon Asset Management LLP0$00.00%−51,491−100.0%Sold out
UBS Oconnor LLC––––Not filed