--- title: "BTC Development - Unit | 10-Q: FY2025 Q3 Revenue: USD 0" type: "news" locale: "en" url: "https://longbridge.com/en/news/265597257.md" published_at: "2025-11-12T22:20:06.000Z" --- # BTC Development - Unit | 10-Q: FY2025 Q3 Revenue: USD 0 Revenue: As of FY2025 Q3, the actual value is USD 0. EPS: As of FY2025 Q3, the actual value is USD -0.01. EBIT: As of FY2025 Q3, the actual value is USD -58.81 K. ### Segment Revenue BTC Development Corp. has not commenced any operations and therefore has not generated any operating revenues as of September 30, 2025. The company will generate non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering. ### Operational Metrics - **Net Loss**: For the three months ended September 30, 2025, the company reported a net loss of - $58,813, compared to a net loss of - $492 for the same period in 2024. For the nine months ended September 30, 2025, the net loss was - $98,107, compared to - $492 for the same period in 2024. - **Formation, General and Administrative Costs**: These costs amounted to $98,107 for the nine months ended September 30, 2025, compared to $492 for the same period in 2024. ### Cash Flow - **Cash Flows from Operating Activities**: Net cash used in operating activities was $0 for the nine months ended September 30, 2025. - **Cash Flows from Investing Activities**: Net cash used in investing activities was - $2,000,000 for the nine months ended September 30, 2025. - **Cash Flows from Financing Activities**: Net cash provided by financing activities was $4,886,023 for the nine months ended September 30, 2025. ### Unique Metrics - **Cash Held in Trust Account**: As of September 30, 2025, the company had $2,000,000 held in a Trust Account. ### Future Outlook and Strategy - **Core Business Focus**: BTC Development Corp. intends to effectuate its Business Combination using cash derived from the proceeds of the Initial Public Offering and the sale of Placement Units, shares, debt, or a combination thereof. The company plans to use substantially all of the funds held in the Trust Account to complete its Business Combination. - **Non-Core Business**: The company has no obligations, assets, or liabilities considered off-balance sheet arrangements as of September 30, 2025. ### Priority The company does not believe it will need to raise additional funds to meet the expenditures required for operating its business. However, if the costs of identifying a target business, undertaking due diligence, and negotiating a Business Combination exceed estimates, additional financing may be required. ### Related Stocks - [BDCIU.US - BTC Development - Unit](https://longbridge.com/en/quote/BDCIU.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | BTC Capital Management Inc. Raises Stock Holdings in Procter & Gamble Company (The) $PG | BTC Capital Management Inc. increased its stake in Procter & Gamble Company (NYSE:PG) by 24.4% in Q3, now holding 86,776 | [Link](https://longbridge.com/en/news/275973627.md) | | Binance Converts $1 Billion SAFU Fund Into Bitcoin | Binance has converted its entire $1 billion Secure Asset Fund for Users (SAFU) into Bitcoin, purchasing 4,545 BTC and br | [Link](https://longbridge.com/en/news/275969199.md) | | Oldest Satoshi-era Bitcoin wallet buys $2B in BTC – What does it know? | A prominent Bitcoin wallet from the Satoshi era has purchased approximately 26,000 BTC for over $2 billion, signaling st | [Link](https://longbridge.com/en/news/276055159.md) | | Grant Cardone Is Selling A Mega Mansion For Bitcoin Only And Says He'll Be 'Better Off' By 2029 — But Will Anyone Bite? | Grant Cardone is selling his 10,000 sq ft mansion in Golden Beach for 700 BTC, approximately $46.58 million. Despite Bit | [Link](https://longbridge.com/en/news/275986093.md) | | Binance shifts $1B SAFU fund into Bitcoin – Is BTC’s bottom forming? | Binance has converted its $1 billion SAFU Fund into Bitcoin, acquiring 4,545 BTC, reinforcing its belief in BTC as a lon | [Link](https://longbridge.com/en/news/275851280.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.