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

Reporting relationship: Director, 10%+ Owner
Issuer ticker: BDCI
Reported as of: 29 Sep 2025
Net transaction value: $0
SEC form: 3
Accepted by SEC: 30 Sep 2025, 20:54:35 UTC
Prior SEC filing: 05 Jun 2025
Next SEC filing: 18 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ R. Maxwell Smeal, Attorney-in-fact

Key filing fact

Jonathan Kirkwood filed Form 3 for BTC Development Corp. (BDCI) on 30 Sep 2025.

Key facts

This page summarizes Jonathan Kirkwood's Form 3 filing for BTC Development Corp. (BDCI).
0 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 30 Sep 2025, 20:54.

Change

Previous filing in this sequence was filed on 05 Jun 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reporting Owners (1)

CIK 0002057403 Primary reporting owner

Kirkwood Jonathan

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

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BDCI holding

Class A Ordinary Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 512,500
Date: 29 Sep 2025
Ownership: By BTC Development Sponsor LLC
Footnotes: F1, F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BDCI holding Derivative

Class B Ordinary Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date: 29 Sep 2025
Ownership: By BTC Development Sponsor LLC
Underlying class: Class A Ordinary Shares
Underlying amount: 4,590,334
Exercise price
Footnotes: F2, F3, F4, F8

BDCI holding Derivative

Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date: 29 Sep 2025
Ownership: By BTC Development Sponsor LLC
Underlying class: Class A Ordinary Shares
Underlying amount: 128,125
Exercise price: $11.50
Footnotes: F2, F3, F5, F6, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

These shares underlie 512,500 units of the issuer that BTC Development Sponsor LLC has irrevocably committed to purchase.

Footnote 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.

Footnote F3

These shares are held directly by one of the issuer's sponsors, BTC Development Sponsor LLC, which is managed by the reporting person.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote F7

These warrants underlie 512,500 units of the issuer that BTC Development Sponsor LLC has irrevocably committed to purchase.

Footnote 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.

SEC remarks

Exhibit 24 - Power of Attorney