PANews reported on October 4th that BTC Development announced the completion of its initial public offering of 25.3 million shares, including 3.3 million shares issued upon the full exercise of the underwriters' over-allotment option. The offering was priced at $10.00 per share, raising total proceeds of $253 million. The company's shares began trading on the Nasdaq Global Market on September 30th under the ticker symbol "BDCIU."