SequelSEC

BTC Development Corp. BDCI

Blank Checks · CIK 0002042292 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
Unavailable
Fiscal year ended 2025-12-31
Operating income
-$541.27K
Fiscal year ended 2025-12-31
Free cash flow
Unavailable
Fiscal year ended 2025-12-31

BTC Development Corp. (BDCI) reported net income of $1.87M for the fiscal year ended 2025-12-31. This page shows 2 annual periods of income statement, balance sheet and cash flow figures normalized from BTC Development Corp.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Blank Checks.

Income

BTC Development Corp. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
RevenueUnavailableUnavailable
Cost of revenueUnavailableUnavailable
Gross profitUnavailableUnavailable
Operating income-$541.27K-$33.59K
Net income$1.87M-$33.59K
Research & developmentUnavailableUnavailable
Weighted-average diluted sharesUnavailableUnavailable
Pretax incomeUnavailableUnavailable
Income tax expenseUnavailableUnavailable
Diluted EPSUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailable
General & administrative$37.50KUnavailable
Selling & marketingUnavailableUnavailable

Balance

BTC Development Corp. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Cash & equivalentsUnavailableUnavailable
Total assets$257.28M$329.93K
Current assets$2.21MUnavailable
Total liabilities$10.88M$381.57K
Current liabilities$96.96K$381.57K
Total equity incl. NCI-$8.61M-$51.64K
Temporary (mezzanine) equity$255.01MUnavailable
InventoryUnavailableUnavailable
Accounts receivableUnavailableUnavailable
GoodwillUnavailableUnavailable
Long-term debtUnavailableUnavailable
Accounts payableUnavailableUnavailable

Cash flow

BTC Development Corp. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Operating cash flow-$745.84KUnavailable
Capital expendituresUnavailableUnavailable
Investing cash flow-$252.60MUnavailable
Financing cash flow$255.33MUnavailable
Net change in cashUnavailableUnavailable
Stock-based compensationUnavailableUnavailable
Common dividends paidUnavailableUnavailable
Common share repurchasesUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailable

Derived

BTC Development Corp. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Free cash flowUnavailableUnavailable
Gross marginUnavailableUnavailable
Operating marginUnavailableUnavailable
FCF marginUnavailableUnavailable
SBC / revenueUnavailableUnavailable
Current ratio22.75xUnavailable
Revenue YoY growthUnavailableUnavailable
Net marginUnavailableUnavailable
R&D / revenueUnavailableUnavailable
CapEx / revenueUnavailableUnavailable
Long-term debt / equityUnavailableUnavailable
Effective tax rateUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open BDCI in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-10View SEC filing
10-Q · Filed 2026-05-12View SEC filing
10-K · Filed 2026-03-24View SEC filing
10-Q · Filed 2025-11-12View SEC filing

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.