| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| GLAZER CAPITAL, LLC | 4.5% | -35% | $11,931,122 | -$3,568,507 | 1,174,323 | -23% | Glazer Capital, LLC | 31 Dec 2025 |
As of 31 Dec 2025, 20 institutional investors reported holding 2,135,231 shares of BTC DEVELOPMENT CORP. - Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant (BDCIU). This represents 8.2% of the company’s total 26,038,204 outstanding shares.