BTC Development Stock Little Changed While Bitcoin Sells Off
BTC Development Corp. (Nasdaq) slipped 0.1% to $10.05 Thursday on thin volume, trading narrowly as bitcoin dropped 2.7% to around $63,485. The SPAC reported $257.3 million in trust and $1.7 million net income for Q1, with no operations started as of March 31. Shares remain near cash value, reflecting uncertainty over potential crypto-related deals.