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BTC Development Corp.

BDCIU
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; 13 institutions reported holding it in 13F filings for Q2 2026, worth $13.3M in total; no superinvestor holds it.

Other share classesBDCIBDCIW

13F holders, Q3 2025

Institutional positions in BTC Development Corp. as of Sep 30, 2025. 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
65
+65 vs. Q2 2025
Shares held
24.0M
+24.0M vs. Q2 2025
Total value
$242.1M
+$242.1M vs. Q2 2025
New holders
65
0 more added
Sold out
0
0 more reduced

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BDCIU 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 holdersQ3 2025: 65 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: 65 institutionsQ4 2025: 20 institutionsQ1 2026: 14 institutionsQ2 2026: 13 institutions
Value heldQ3 2025: $242.1M
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: $242.1MQ4 2025: $21.7MQ1 2026: $13.3MQ2 2026: $13.3M
Institutions holding BDCIU and their total value by quarter
QuarterHoldersValue
Q2 202613$13.3M
Q1 202614$13.3M
Q4 202520$21.7M
Q3 202565$242.1M
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, Q3 2025

Shares, value and share of portfolio for each institution holding BTC Development Corp.; share changes are against Q2 2025.

Institutions holding BDCIU in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Meteora Capital, LLC2,200,000$22.2M2.35%+2,200,000New
Glazer Capital, LLC1,525,554$15.4M0.52%+1,525,554New
Linden Advisors LP1,125,000$11.4M0.08%+1,125,000New
Tenor Capital Management Co., L.P.1,125,000$11.4M0.15%+1,125,000New
LMR Partners LLP1,125,000$11.4M0.15%+1,125,000New
CNH Partners LLC1,125,000$11.3M0.29%+1,125,000New
Adage Capital Partners GP, L.L.C.1,000,000$10.1M0.02%+1,000,000New
Verition Fund Management LLC1,000,000$10.1M0.06%+1,000,000New
Magnetar Financial LLC750,000$7.58M0.05%+750,000New
Healthcare of Ontario Pension Plan Trust Fund750,000$7.58M0.01%+750,000New
Vivaldi Asset Management, LLC750,000$7.58M0.49%+750,000New
Harraden Circle Investments, LLC725,000$7.32M1.44%+725,000New
CSS LLC707,880$7.15M0.43%+707,880New
Steadfast Capital Management LP525,000$5.30M0.10%+525,000New
Polar Asset Management Partners Inc.525,000$5.30M0.11%+525,000New
Saba Capital Management, L.P.525,000$5.30M0.18%+525,000New
Periscope Capital Inc.508,500$5.14M1.25%+508,500New
Decagon Asset Management LLP500,000$5.05M2.67%+500,000New
Shaolin Capital Management LLC449,480$4.54M0.22%+449,480New
Highbridge Capital Management LLC400,000$4.04M0.20%+400,000New
Aristeia Capital LLC400,000$4.04M0.12%+400,000New
Hudson Bay Capital Management LP400,000$4.04M0.02%+400,000New
Moore Capital Management, LP400,000$4.04M0.08%+400,000New
Millennium Management LLC358,500$3.62M0.00%+358,500New
Context Capital Management, LLC350,000$3.54M0.11%+350,000New
Clear Street Group Inc.350,000$3.54M0.02%+350,000New
Wealthspring Capital LLC347,120$3.51M0.83%+347,120New
K2 Principal Fund, L.P.300,000$3.03M0.32%+300,000New
Toronto Dominion Bank250,000$2.52M0.00%+250,000New
Sculptor Capital LP250,000$2.52M0.03%+250,000New
Fifth Lane Capital, LP250,000$2.52M2.54%+250,000New
Rivernorth Capital Management, LLC200,000$2.02M0.12%+200,000New
Governors Lane LP200,000$2.02M0.28%+200,000New
Mint Tower Capital Management B.V.200,000$2.02M0.26%+200,000New
HGC Investment Management Inc.200,000$2.02M0.49%+200,000New
Radcliffe Capital Management, L.P.152,500$1.54M0.10%+152,500New
Karpus Management, Inc.150,000$1.51M0.05%+150,000New
Empyrean Capital Partners, LP150,000$1.51M0.06%+150,000New
Weiss Asset Management LP150,000$1.51M0.02%+150,000New
Berkley W R Corp148,816$1.50M0.10%+148,816New
Driehaus Capital Management LLC100,000$1.01M0.01%+100,000New
Whitebox Advisors LLC100,000$1.01M0.02%+100,000New
Marshall Wace, LLP100,000$1.01M0.00%+100,000New
HRT Financial LP100,001$1.01M0.00%+100,001New
Parallax Volatility Advisers, L.P.100,000$1.01M0.03%+100,000New
DLD Asset Management, LP100,000$1.01M0.13%+100,000New
Centiva Capital, LP100,000$1.01M0.09%+100,000New
StoneX Group Inc.85,000$858.5K0.04%+85,000New
Bulldog Investors, LLP70,154$708.6K0.16%+70,154New
Mizuho Securities USA LLC70,000$708.0K0.01%+70,000New
Boothbay Fund Management, LLC54,988$555.4K0.01%+54,988New
Atw Spac Management LLC54,988$555.4K0.70%+54,988New
Scoggin Management LP50,000$505.0K0.19%+50,000New
Westchester Capital Management, LLC50,000$505.0K0.03%+50,000New
Schonfeld Strategic Advisors LLC50,000$505.0K0.00%+50,000New
Crossingbridge Advisors, LLC50,000$505.0K0.26%+50,000New
JPMorgan Chase & Co32,000$323.2K0.00%+32,000New
Virtu Financial LLC26,548$268.0K0.01%+26,548New
Sandia Investment Management LP20,000$202.2K0.60%+20,000New
Wolverine Asset Management LLC20,000$202.0K0.00%+20,000New
Picton Mahoney Asset Management20,000$202.0K0.00%+20,000New
Readystate Asset Management LP20,000$202.0K0.01%+20,000New
Quarry LP20,000$202.0K0.05%+20,000New
Calamos Advisors LLC19,683$198.8K0.00%+19,683New
Warberg Asset Management LLC19,000$191.9K0.05%+19,000New