BDCI Stock — BTC Development Corp.

BTC Development Corp. (BDCI)

Updated October 16, 2026.

BDCI is a Stock. Total return is 1.3% over the past 0.4 years, 2.5 points behind SPY at 3.8%.

BTC Development Corp. is a blank-check company incorporated in 2023 and based in Philadelphia that seeks to complete a merger, asset acquisition, or other business combination with one or more operating businesses. The company does not currently have an established distribution schedule. This structure appeals to investors interested in potential opportunities created through corporate combinations, though the lack of current operations or defined business focus means returns depend entirely on management's ability to identify and execute an attractive transaction.

BDCI performance versus SPY

Price and return data through 2026-10-16.

Total return is 1.3% over the past 0.4 years, 2.5 points behind SPY at 3.8%.

BDCI key facts

Asset type

Stock

Asset class

Equity

Inception date

05/11/2026

Distribution frequency

None

Last close

$10.16 (as of 2026-10-16)

Market cap

$264,769,600

Average volume

200232.0

Payout ratio

0.0%

P/E ratio

67.73

EPS

$0.15

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BDCI risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider BDCI — and who may not

It is a weaker fit for investors who need monthly cash flow (BDCI does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on BDCI

• All tickers starting with B

Tagged: Financials.

Frequently asked questions