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.
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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 53 | $220.5M |
| Q1 2026 | 50 | $198.3M |
| Q4 2025 | 52 | $222.9M |
| Q3 2025 | 0 | $0 |
| Q2 2025 | 0 | $0 |
| Q1 2025 | 0 | $0 |
| Q4 2024 | 0 | $0 |
| Q3 2024 | 0 | $0 |
| Q2 2024 | 0 | $0 |
| Q1 2024 | 0 | $0 |
| Q4 2023 | 0 | $0 |
| Q3 2023 | 0 | $0 |
| Q2 2023 | 0 | $0 |
| Q1 2023 | 0 | $0 |
| Q4 2022 | 0 | $0 |
| Q3 2022 | 0 | $0 |
| Q2 2022 | 0 | $0 |
| Q1 2022 | 0 | $0 |
| Q4 2021 | 0 | $0 |
| Q3 2021 | 0 | $0 |
| Q2 2021 | 0 | $0 |
| Q1 2021 | 0 | $0 |
Institutions, Q1 2026
Shares, value and share of portfolio for each institution holding BTC Development Corp.; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Morgan Stanley | 67 | $669 | 0.00% | −2−2.9% | Reduced |
| Kepos Capital LP | 2,900 | $29.0K | 0.05% | +2,900 | New |
| Picton Mahoney Asset Management | 20,000 | $199.8K | 0.00% | 00.0% | Unchanged |
| Abc Arbitrage SA | 20,000 | $199.8K | 0.03% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 27,871 | $278.4K | 0.00% | +98+0.4% | Added |
| Boothbay Fund Management, LLC | 34,988 | $349.5K | 0.01% | 00.0% | Unchanged |
| Marshall Wace, LLP | 59,962 | $599.0K | 0.00% | −40,038−40.0% | Reduced |
| Bulldog Investors, LLP | 67,060 | $669.9K | 0.15% | +67,060 | New |
| Virtu Financial LLC | 84,346 | $843.0K | 0.03% | −228−0.3% | Reduced |
| Schonfeld Strategic Advisors LLC | 92,201 | $921.1K | 0.01% | +92,201 | New |
| Whitebox Advisors LLC | 100,000 | $999.0K | 0.01% | 00.0% | Unchanged |
| O'Connor Alternative Investments LLC | 100,000 | $999.0K | 0.05% | +100,000 | New |
| DLD Asset Management, LP | 108,100 | $1.08M | 0.11% | 00.0% | Unchanged |
| Clear Street Group Inc. | 145,682 | $1.46M | 0.01% | −113,971−43.9% | Reduced |
| Mizuho Securities USA LLC | 150,000 | $1.49M | 0.04% | −156,042−51.0% | Reduced |
| Polar Asset Management Partners Inc. | 175,000 | $1.75M | 0.04% | −538,394−75.5% | Reduced |
| Rivernorth Capital Management, LLC | 199,756 | $2.00M | 0.10% | +199,756 | New |
| Governors Lane LP | 200,000 | $2.00M | 0.25% | 00.0% | Unchanged |
| Mint Tower Capital Management B.V. | 200,000 | $2.00M | 0.20% | 00.0% | Unchanged |
| Lineage Point Capital LP | 200,000 | $2.00M | 0.49% | 00.0% | Unchanged |
| CSS LLC | 203,159 | $2.03M | 0.11% | +203,159 | New |
| Berkley W R Corp | 260,103 | $2.60M | 0.14% | 00.0% | Unchanged |
| Sona Asset Management (US) LLC | 262,494 | $2.62M | 0.10% | +262,494 | New |
| BNP Paribas Arbitrage, SA | 269,320 | $2.69M | 0.00% | +32,848+13.9% | Added |
| Highbridge Capital Management LLC | 300,000 | $3.00M | 0.19% | 00.0% | Unchanged |
| Wealthspring Capital LLC | 312,752 | $3.12M | 0.74% | −21,500−6.4% | Reduced |
| Centiva Capital, LP | 313,508 | $3.13M | 0.15% | +263,508+527.0% | Added |
| Wolverine Asset Management LLC | 342,977 | $3.43M | 0.05% | +322,977+1,614.9% | Added |
| Context Capital Management, LLC | 350,000 | $3.50M | 0.08% | 00.0% | Unchanged |
| Millennium Management LLC | 393,800 | $3.93M | 0.00% | +20,800+5.6% | Added |
| Two Sigma Investments, LP | 396,439 | $3.96M | 0.00% | 00.0% | Unchanged |
| Hudson Bay Capital Management LP | 400,000 | $4.00M | 0.02% | 00.0% | Unchanged |
| Aristeia Capital LLC | 400,000 | $4.00M | 0.09% | 00.0% | Unchanged |
| Moore Capital Management, LP | 400,000 | $4.00M | 0.15% | 00.0% | Unchanged |
| Saba Capital Management, L.P. | 405,127 | $4.05M | 0.13% | −119,873−22.8% | Reduced |
| Periscope Capital Inc. | 450,000 | $4.50M | 0.78% | −43,802−8.9% | Reduced |
| Shaolin Capital Management LLC | 450,000 | $4.50M | 0.19% | +52,652+13.3% | Added |
| Alberta Investment Management Corp | 525,000 | $5.24M | 0.03% | 00.0% | Unchanged |
| Radcliffe Capital Management, L.P. | 651,320 | $6.51M | 0.49% | +70,004+12.0% | Added |
| Vivaldi Asset Management, LLC | 738,849 | $7.38M | 0.39% | −11,151−1.5% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 750,000 | $7.49M | 0.01% | 00.0% | Unchanged |
| Magnetar Financial LLC | 750,000 | $7.50M | 0.08% | 00.0% | Unchanged |
| Verition Fund Management LLC | 840,159 | $8.39M | 0.08% | +20,980+2.6% | Added |
| CNH Partners LLC | 862,058 | $8.61M | 0.14% | −26,454−3.0% | Reduced |
| Adage Capital Partners GP, L.L.C. | 1,000,000 | $9.99M | 0.02% | 00.0% | Unchanged |
| LMR Partners LLP | 1,025,000 | $10.2M | 0.09% | 00.0% | Unchanged |
| Linden Advisors LP | 1,125,000 | $11.2M | 0.06% | 00.0% | Unchanged |
| Tenor Capital Management Co., L.P. | 1,125,000 | $11.2M | 0.17% | 00.0% | Unchanged |
| Glazer Capital, LLC | 1,163,248 | $11.6M | 0.25% | −11,075−0.9% | Reduced |
| Toronto Dominion Bank | 1,395,000 | $13.9M | 0.03% | +62,419+4.7% | Added |
| Meteora Capital, LLC | 0 | $0 | 0.00% | −1,831,855−100.0% | Sold out |
| Harraden Circle Investments, LLC | 0 | $0 | 0.00% | −666,903−100.0% | Sold out |
| Fifth Lane Capital, LP | 0 | $0 | 0.00% | −225,000−100.0% | Sold out |
| Driehaus Capital Management LLC | 0 | $0 | 0.00% | −100,000−100.0% | Sold out |
| Cantor Fitzgerald, L. P. | 0 | $0 | 0.00% | −98,000−100.0% | Sold out |
| StoneX Group Inc. | 0 | $0 | 0.00% | −52,500−100.0% | Sold out |
| Crossingbridge Advisors, LLC | 0 | $0 | 0.00% | −25,000−100.0% | Sold out |
| Decagon Asset Management LLP | 0 | $0 | 0.00% | −51,491−100.0% | Sold out |
| UBS Oconnor LLC | – | – | – | – | Not filed |