Jonathan Kirkwood - 29 Sep 2025 Form 3 Insider Report for BTC Development Corp. (BDCI)

Role
Director, 10%+ Owner
Signature
/s/ R. Maxwell Smeal, Attorney-in-fact
Issuer symbol
BDCI
Transactions as of
29 Sep 2025
Net transactions value
$0
Form type
3
Filing time
30 Sep 2025, 20:54:35 UTC
Previous filing
05 Jun 2025
Next filing
18 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kirkwood Jonathan Director, 10%+ Owner 2929 ARCH STREET, SUITE 1703, PHILADELPHIA /s/ R. Maxwell Smeal, Attorney-in-fact 30 Sep 2025 0002057403

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BDCI Class A Ordinary Shares 512,500 29 Sep 2025 By BTC Development Sponsor LLC F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding BDCI Class B Ordinary Shares 29 Sep 2025 Class A Ordinary Shares 4,590,334 By BTC Development Sponsor LLC F2, F3, F4, F8
holding BDCI Warrants 29 Sep 2025 Class A Ordinary Shares 128,125 $11.50 By BTC Development Sponsor LLC F2, F3, F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares underlie 512,500 units of the issuer that BTC Development Sponsor LLC has irrevocably committed to purchase.
F2 The reporting person disclaims beneficial ownership of these securities, except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.
F3 These shares are held directly by one of the issuer's sponsors, BTC Development Sponsor LLC, which is managed by the reporting person.
F4 The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the issuer's initial business combination, or at any time and from time to time at the option of the holder, on a one-for-one basis, subject to certain adjustments described in the issuer's charter documents and have no expiration date.
F5 The warrants will become exercisable at the later of 30 days after the consummation of the issuer's initial business combination or 12 months from the completion of the issuer's initial public offering.
F6 The warrants will expire five years after the consummation of the issuer's initial business combination or earlier upon redemption of all of the issuer's outstanding Class A ordinary shares or the issuer's liquidation.
F7 These warrants underlie 512,500 units of the issuer that BTC Development Sponsor LLC has irrevocably committed to purchase.
F8 Includes up to 1,100,000 shares that are subject to forfeiture in the event the underwriters of the issuer's initial public offering do not exercise in full their over-allotment option.

Remarks:

Exhibit 24 - Power of Attorney