BTC Development Corp. (NASDAQ:BDCIW – Get Free Report)’s stock price was down 1.4% during mid-day trading on Thursday. The stock traded as low as $0.3701 and last traded at $0.3650. Approximately 186 shares traded hands during trading, a decline of 99% from the average session volume of 13,736 shares. The stock had previously closed at $0.3701.
BTC Development Stock Performance
The business has a 50-day moving average of $0.41 and a two-hundred day moving average of $0.43.
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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