BTC Development plans to raise $220 million through IPO
BTC Development Corp announced the pricing of its initial public offering (IPO) at $10 per share, issuing 22,000,000 shares, expecting to raise $220 million, and is expected to start trading on September 30th under the stock code "BDCIU". It is reported that the company will seek to provide attractive risk-adjusted return opportunities in the Bitcoin ecosystem through stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations.
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