BTC Development plans to raise $220 million through IPO
BTC Development Corp announced the pricing of its initial public offering (IPO) at $10 per share, issuing 22,000,000 shares, expecting to raise $220 million, and is expected to start trading on September 30th under the stock code "BDCIU". It is reported that the company will seek to provide attractive risk-adjusted return opportunities in the Bitcoin ecosystem through stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
This week, the US spot Ethereum ETF saw a net inflow of $368 million.
The dYdX community has passed a new proposal for a "liquidation rebate pilot program".
Ethereum News Update: Dormant Ethereum Whale Reactivates: Strategic Holdings and Network Enhancements Drive $1.19B Rally
- BitMine's 10-year-dormant Ethereum whale triggered a $1.19B market surge via FalconX purchases of 50,162 ETH ($141M), boosting ETH's 24-hour volume by 35% to $24B. - Holding 3.5M ETH (3% of supply), BitMine announced a "Made in America Validator Network" (MAVAN) in 2026 to generate staking revenue from its Strategic ETH Reserve. - The December 3 Fusako upgrade includes execution layer improvements and staking adjustments, with analysts citing historical 10-50% price gains post-upgrades as a potential cat

