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BTC Development Corp. completed a $253 million IPO.
PANews news on October 4th, according to Globenewswire report, BTC Development announced the completion of its initial public offering of 25.3 million shares, including 3.3 million shares issued by underwriters upon full exercise of their over-allotment option. The issuance was priced at $10.00 per share, raising a total of $253 million. The company's shares began trading on the Nasdaq Global Market on September 30, with the stock code "BDCIU".