--- title: "BTC Development | 10-Q: FY2025 Q3 Revenue: USD 0" type: "news" locale: "en" url: "https://longbridge.com/en/news/265597308.md" published_at: "2025-11-12T22:20:20.000Z" --- # BTC Development | 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, primarily due to formation, general and administrative costs. For the nine months ended September 30, 2025, the net loss was $98,107, compared to a net loss of $492 for the same period in 2024. ### Cash Flow - **Operating Cash Flow**: The company reported net cash used in operating activities as zero for the nine months ended September 30, 2025. - **Investing Cash Flow**: Net cash used in investing activities was - $2,000,000, primarily due to the investment of cash into the Trust Account. - **Financing Cash Flow**: Net cash provided by financing activities was $4,886,023, which includes proceeds due to the sponsor and payment of offering costs. ### Unique Metrics - **Cash Held in Trust Account**: As of September 30, 2025, the company had $2,000,000 held in the Trust Account. ### Future Outlook and Strategy - **Core Business Focus**: BTC Development Corp. intends to use the funds held in the Trust Account to complete a Business Combination. The company plans to use its share capital or debt as consideration to complete the Business Combination, with remaining proceeds used as working capital to finance operations, make acquisitions, and pursue growth strategies. - **Non-Core Business**: The company has no obligations, assets, or liabilities considered off-balance sheet arrangements as of September 30, 2025. ### Related Stocks - [BDCI.US - BTC Development](https://longbridge.com/en/quote/BDCI.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) | | Strategy (MSTR), BitMine pour millions into BTC, ETH amid slump | Corporate treasuries are absorbing supply even as retail sentiment remains fragile. | [Link](https://longbridge.com/en/news/276151521.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) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.