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Financial statements

BTC Development Corp. financial statements

Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data BTC Development Corp. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2025FY2025
General and administrative0.04
Operating income-0.03-0.54
Interest income2.41
Net income-0.031.87

Balance sheet

FY2025FY2025
Cash and equivalents1.99
Total current assets2.21
Long-term investments0.07
Total assets0.33257
Accrued liabilities0.030.02
Total current liabilities0.380.1
Total liabilities0.3810.9
Retained earnings-0.05-8.61
Shareholders' equity-0.05-8.61
Total equity-0.05-8.61
Total liabilities and equity0.33257

Cash flow statement

FY2025FY2025
Net income-0.031.87
Cash from operations-0.75
Purchases of investments-253
Cash from investing-253
Cash from financing255
Net change in cash1.99

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $10.16 on September 24, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)2.1%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y77,881.0%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio8.73xCurrent assets / current liabilities.
Quick ratio7.22x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio7.22x(Cash + short-term investments) / current liabilities.
Liabilities / assets4.2%Total liabilities / total assets.
Working capital$1.2MCurrent assets - current liabilities.
Tangible book value-$9.6MShareholders' equity - goodwill - intangible assets.
Was BTC Development Corp. profitable in fiscal 2025?

Yes. Net income was $1.9M, a net margin of -.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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