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BTC Development Corp. completed a $253 million IPO.
According to Mars Finance, BTC Development announced the completion of its initial public offering of 25.3 million shares, including 3.3 million shares issued as a result of the underwriters fully exercising their over-allotment option. The offering was priced at $10 per share, raising a total of $253 million. The company's shares began trading on the Nasdaq Global Market on September 30, under the ticker symbol "BDCIU".