BTC Development Corp. (NASDAQ:BDCIW – Get Free Report) shares were up 9.6% on Thursday . The stock traded as high as $0.4806 and last traded at $0.4450. Approximately 7,855 shares were traded during trading, a decline of 54% from the average daily volume of 17,258 shares. The stock had previously closed at $0.4061.
BTC Development Stock Performance
The business has a 50-day moving average price of $0.46.
About BTC Development
We are a blank check company incorporated as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination involving one or more businesses or assets, which we refer to throughout this prospectus as our initial business combination. To date, our efforts have been limited to organizational activities as well as activities related to this offering. We have not identified any acquisition target and we have not, nor has anyone on our behalf, initiated any discussions, directly or indirectly, with respect to identifying any acquisition target.
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