According to Odaily Planet Daily, BTC Development Corp. announced that it will issue 22,000,000 shares at a price of $10 per share, raising an estimated $220 million. Trading is expected to begin on September 30th under the ticker symbol "BDCIU." The company will reportedly seek out companies offering attractive risk-adjusted return opportunities within the Bitcoin ecosystem through share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations. (Globenewswire)