BDCIU · BTC Development Corp. Unit
What's happening
- BDCIU is up 1.09% today, trading at $10.21. — Live quote
- Volume today (100) is well below its 3-month average of 2,030. (Finnhub fundamentals)
- Reports earnings on 2026-11-10, 19 days away. (Finnhub earnings calendar)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Quarterly history (3 periods)
| Measure | Jun '26 | Mar '26 | Sep '25 |
|---|---|---|---|
| Market cap | — | — | $59.4M |
| P/E | — | — | -602.75 |
| Price/Book | — | — | -476.39 |
| ROE | — | — | 79.04% |
| ROA | — | — | -1.74% |
Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E/PEG unavailable (no free data source).
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-08-31. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
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Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Not investment advice — read several signals together.
Indicators None active
History limited by data provider; markers are heuristics, not signals.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Latest SEC filing is Form 10-Q, filed 2026-08-10; review it for current changes and risks. SEC EDGAR ↗
Potential concerns
- Trailing P/E is 64.4, a high price relative to reported earnings. Finnhub fundamentals ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on BDCIU
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Sep '24 |
|---|---|---|---|---|---|---|
| Operating income | -$408.6K | -$540.8K | — | -$3.7K | -$35.6K | — |
| Net income | $1.9M | $1.7M | -$58.8K | -$3.7K | -$35.6K | -$492 |
| EPS (diluted) | — | — | $-0.01 | — | — | $-492.00 |
| EPS (basic) | — | — | $-0.01 | — | — | $-492.00 |
Balance sheet
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $260.9M | $259.0M | $257.3M | $5.7M | — | — | $329.9K | — |
| Total liabilities | $10.9M | $10.9M | $10.9M | $5.8M | — | — | $381.6K | — |
| Stockholders' equity | -$9.6M | -$9.1M | -$8.6M | -$124.8K | -$90.9K | -$87.3K | -$51.6K | -$18.5K |
| Total current assets | $1.4M | $1.7M | $2.2M | $2.9M | — | — | — | — |
| Total current liabilities | $155.7K | $125.2K | $97.0K | — | — | — | $381.6K | — |
| Marketable securities (non-current) | $259.5M | — | $255.0M | — | — | — | — | — |
| Accrued liabilities | $80.7K | $50.2K | $22.0K | $38.6K | — | — | $27.7K | — |
| Other current liabilities | — | — | — | $5.2M | — | — | — | — |
| Retained earnings | -$9.6M | -$9.1M | -$8.6M | -$149.8K | — | — | -$51.6K | — |
Cash flow
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 |
|---|---|---|---|---|
| Operating cash flow | -$323.7K | -$537.4K | -$745.8K | — |
| Investing cash flow | — | — | -$250.6M | -$2.0M |
| Financing cash flow | — | — | $250.4M | $4.9M |
| Purchases of investments | — | — | $251.0M | $2.0M |
Income statement
| Line item | Dec '25 | Dec '24 |
|---|---|---|
| Operating income | -$541.3K | -$33.6K |
| Net income | $1.9M | -$33.6K |
Balance sheet
| Line item | Dec '25 | Dec '24 | Dec '23 |
|---|---|---|---|
| Total assets | $257.3M | $329.9K | — |
| Total liabilities | $10.9M | $381.6K | — |
| Stockholders' equity | -$8.6M | -$51.6K | -$18.1K |
| Total current assets | $2.2M | — | — |
| Total current liabilities | $97.0K | $381.6K | — |
| Marketable securities (non-current) | $400.0K | — | — |
| Accrued liabilities | $22.0K | $27.7K | — |
| Retained earnings | -$8.6M | -$51.6K | — |
Cash flow
| Line item | Dec '25 |
|---|---|
| Operating cash flow | -$745.8K |
| Investing cash flow | -$252.6M |
| Financing cash flow | $255.3M |
| Purchases of investments | $253.0M |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding BDCIU as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-10-22 06:30 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-08-10 | 10-Q | 2026-06-30 | View on SEC.gov → |
| 2026-05-12 | 10-Q | 2026-03-31 | View on SEC.gov → |
| 2026-03-24 | 10-K | 2025-12-31 | View on SEC.gov → |
| 2026-02-24 | 8-K | 2026-02-24 | View on SEC.gov → |
| 2025-11-12 | 10-Q | 2025-09-30 | View on SEC.gov → |
| 2025-10-07 | 8-K | 2025-10-01 | View on SEC.gov → |
| 2025-10-03 | 8-K | 2025-09-29 | View on SEC.gov → |
Recent news
Headlines about BDCIU (BTC Development Corp. Unit). Links open the publisher — we don’t host full articles.
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BDCIU Holds Steady at $10.27 as BTC Development Corp. Unit Trades Flat Near Its Reference Band - Call Spread Alert
https://www.dars.gov.et/ · 2026-10-16 -
BTC Development Corp.'s (NASDAQ:BDCI) largest shareholders are retail investors with 51% ownership, institutions own 28%
Yahoo Finance · 2026-02-16
No headlines in this category right now — try “All”.