BDCIW BTC Development Corp. - Warrant
$0.42
Price · Aug 5, 2026
Fundamentals as of Aug 10, 2026
52W Range
$0–$1
17% of range
Analyst Rating
—
Price Target
—
P/E (TTM)
—
ROE
-43.0%
Net Profit Margin
—
BDCIW Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$0.42
Market Cap
—
P/E (TTM)
—
EPS (TTM)
—
Revenue (TTM)
—
Div Yield
—
ROE
-43.0%
Debt/Equity
—
52W Range
$0 – $1
BDCIW Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
—
EPS
—
Free Cash Flow
—
Margins
—
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
BDCIW
Peer Median
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
BDCIW
Peer Median
ROA
1.5%
—
ROE
-43.0%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
BDCIW
Peer Median
Current Ratio
22.8
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
BDCIW
Peer Median
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
BDCIW
Peer Median
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 5
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| SG&A Expense | $37.5K | · | |
| Operating Income | $-541.3K | $-33.6K | |
| Interest Income | $2M | · | |
| Net Income | $2M | $-33.6K | |
| EBITDA | $-541.3K | · |
Balance Sheet 8
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Current Assets | $2M | · | |
| Total Assets | $257M | $329.9K | |
| Accrued Liabilities | $22.0K | $27.7K | |
| Current Liabilities | $97.0K | $381.6K | |
| Total Liabilities | $11M | $381.6K | |
| Retained Earnings | $-9M | $-51.6K | |
| Stockholders' Equity | $-9M | $-51.6K | |
| Liabilities + Equity | $257M | $329.9K |
Cash Flow 3
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Operating Cash Flow | $-745.8K | · | |
| Investing Cash Flow | $-253M | · | |
| Financing Cash Flow | $255M | · |
Profitability 2
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| ROA | 1.5% | · | |
| ROE | -43.0% | · |
Liquidity & Solvency 1
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Current Ratio | 22.8 | · |
Valuation (TTM) 1
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Net Income TTM | $2M | · |
Income Statement 9
| Metric | Trend | Q2 2026 | Q1 2026 | Q3 2025 |
|---|---|---|---|---|
| SG&A Expense | $37.5K | $37.5K | · | |
| Operating Income | $-408.6K | $-540.8K | · | |
| Interest Income | $2M | $2M | · | |
| Net Income | $2M | $2M | $-58.8K | |
| EPS (Basic) | · | · | $-0.01 | |
| EPS (Diluted) | · | · | $-0.01 | |
| Shares (Basic) | · | · | 4,168,499 | |
| Shares (Diluted) | · | · | 4,168,499 | |
| EBITDA | $-408.6K | $-540.8K | · |
Balance Sheet 10
| Metric | Trend | Q2 2026 | Q1 2026 | Q3 2025 |
|---|---|---|---|---|
| Cash & Equivalents | · | · | $3M | |
| Current Assets | $1M | $2M | $3M | |
| Total Assets | $261M | $259M | $6M | |
| Accrued Liabilities | $80.7K | $50.2K | $38.6K | |
| Current Liabilities | $155.7K | $125.2K | · | |
| Total Liabilities | $11M | $11M | $6M | |
| Paid-in Capital | · | · | $24.1K | |
| Retained Earnings | $-10M | $-9M | $-149.8K | |
| Stockholders' Equity | $-10M | $-9M | $-124.8K | |
| Liabilities + Equity | $261M | $259M | $6M |
Cash Flow 1
| Metric | Trend | Q2 2026 | Q1 2026 | Q3 2025 |
|---|---|---|---|---|
| Operating Cash Flow | $-323.7K | $-537.4K | · |
Profitability 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q3 2025 |
|---|---|---|---|---|
| ROA | 1.4% | 1.3% | -2.1% | |
| ROE | -39.1% | -37.2% | 94.3% |
Liquidity & Solvency 1
| Metric | Trend | Q2 2026 | Q1 2026 | Q3 2025 |
|---|---|---|---|---|
| Current Ratio | 8.7 | 13.7 | · |
Valuation (TTM) 1
| Metric | Trend | Q2 2026 | Q1 2026 | Q3 2025 |
|---|---|---|---|---|
| Net Income TTM | $4M | $2M | $-98.6K |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | |
|---|---|---|
| Net Income | $2M | $-33.6K |
Balance Sheet
| 2025-12-31 | 2024-12-31 | |
|---|---|---|
| Current Ratio | 22.8 | — |
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Institutional owners (13F) 38 filers · $2.1M total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 3 (-1 vs prior Q) | 1 (-5 vs prior Q) | 5 (-2 vs prior Q) | 4 (+1 vs prior Q) | +789K |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| TORONTO DOMINION BANK | $217,550 | 618,041 | 10.22% | Shares |
| Meteora Capital, LLC | $191,172 | 542,639 | 8.98% | Shares |
| Shaolin Capital Management LLC | $147,824 | 419,597 | 6.94% | Shares |
| BOOTHBAY FUND MANAGEMENT, LLC | $147,213 | 14,619 | 6.91% | Shares |
| Linden Advisors LP | $130,781 | 281,250 | 6.14% | Shares |
| Harraden Circle Investments, LLC | $105,690 | 299,999 | 4.96% | Shares |
| TENOR CAPITAL MANAGEMENT Co., L.P. | $99,084 | 281,250 | 4.65% | Shares |
| LMR Partners LLP | $99,084 | 281,250 | 4.65% | Shares |
| Magnetar Financial LLC | $87,188 | 187,500 | 4.10% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $84,375 | 187,500 | 3.96% | Shares |
| AQR Arbitrage LLC | $80,282 | 227,880 | 3.77% | Shares |
| Verition Fund Management LLC | $74,757 | 212,196 | 3.51% | Shares |
| Periscope Capital Inc. | $68,209 | 151,576 | 3.20% | Shares |
| Saba Capital Management, L.P. | $61,031 | 131,249 | 2.87% | Shares |
| CSS LLC/IL | $58,787 | 166,866 | 2.76% | Shares |
| Polar Asset Management Partners Inc. | $47,649 | 135,250 | 2.24% | Shares |
| ARISTEIA CAPITAL, L.L.C. | $46,499 | 99,998 | 2.18% | Shares |
| Alberta Investment Management Corp | $46,239 | 131,250 | 2.17% | Shares |
| Lineage Point Capital LP | $38,290 | 108,685 | 1.80% | Shares |
| MOORE CAPITAL MANAGEMENT, LP | $35,230 | 100,000 | 1.65% | Shares |
| MILLENNIUM MANAGEMENT LLC | $32,982 | 93,620 | 1.55% | Call option |
| Clear Street Group Inc. | $30,858 | 87,589 | 1.45% | Shares |
| Context Capital Management, LLC | $30,826 | 87,500 | 1.45% | Shares |
| Wealthspring Capital LLC | $29,854 | 84,740 | 1.40% | Shares |
| Decagon Asset Management LLP | $28,001 | 79,481 | 1.32% | Shares |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | $20,974 | 49,939 | 0.99% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $20,827 | 59,118 | 0.98% | Shares |
| Radcliffe Capital Management, L.P. | $17,728 | 38,124 | 0.83% | Shares |
| Hudson Bay Capital Management LP | $12,909 | 36,642 | 0.61% | Shares |
| DLD Asset Management, LP | $8,808 | 25,000 | 0.41% | Shares |
| WHITEBOX ADVISORS LLC | $8,808 | 25,000 | 0.41% | Shares |
| Bulldog Investors, LLP | $5,799 | 16,460 | 0.27% | Shares |
| Arax Advisory Partners | $5,139 | 14,587 | 0.24% | Shares |
| Schonfeld Strategic Advisors LLC | $4,403 | 12,500 | 0.21% | Shares |
| WOLVERINE ASSET MANAGEMENT LLC | $1,762 | 5,000 | 0.08% | Shares |
| PICTON MAHONEY ASSET MANAGEMENT | $1,762 | 5,000 | 0.08% | Shares |
| Mint Tower Capital Management B.V. | $500 | 50,000 | 0.02% | Shares |
| GLAZER CAPITAL, LLC | $108 | 306,113 | 0.01% | Shares |