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BCS

Beneficial Ownership Report · SCHEDULE 13G/A

BTC Development Corp.

BDCINASDAQEQUITYCurrent

Beneficial Ownership Report

Filed Nov 12, 2026Accepted Nov 12, 2026, 12:42 PM ESTFiling CIK 2042292Accession 0001767393-26-000023
Share

Structured filing — SCHEDULE 13G/A

primary_doc.xml

Open full document ↗

Amendment · This filing reports the amendment as submitted.

Subject company

Company
BTC Development Corp.
Company CIK
0002042292
Street
2929 ARCH STREET, SUITE 1703
Street (continued)
2929 ARCH STREET, SUITE 1703
City
PHILADELPHIA
State / country code
PA
Postal code
19104

Statement details

Amendment number
1
Security class
Class A ordinary shares
Event date
09/30/2026
Rule designation
Rule 13d-1(c)

Reporting person 1

Name
RP Investment Advisors LP
Citizenship / organization
A6
Reporting person type
IA · PN · FI
Group designation
b
Aggregate amount owned
1,009,018.00
Percent of class
3.9
Sole voting power
0.00
Shared voting power
1,009,018.00
Sole dispositive power
0.00
Shared dispositive power
1,009,018.00
Comments
Based upon 26,060,000 Class A ordinary shares outstanding, as reported by the Issuer in its quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2026.

Reporting person 2

Name
RP Select Opportunities Master Fund Ltd.
Citizenship / organization
E9
Reporting person type
FI
Group designation
b
Aggregate amount owned
767,242.00
Percent of class
2.9
Sole voting power
0.00
Shared voting power
767,242.00
Sole dispositive power
0.00
Shared dispositive power
767,242.00
Comments
Based upon 26,060,000 Class A ordinary shares outstanding, as reported by the Issuer in its quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2026.

Reporting person 3

Name
RP Debt Opportunities Fund Ltd.
Citizenship / organization
E9
Reporting person type
FI
Group designation
b
Aggregate amount owned
37,978.00
Percent of class
0.2
Sole voting power
0.00
Shared voting power
37,978.00
Sole dispositive power
0.00
Shared dispositive power
37,978.00
Comments
Based upon 26,060,000 Class A ordinary shares outstanding, as reported by the Issuer in its quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2026.

Reporting person 4

Name
RP Alternative Global Bond Fund
Citizenship / organization
A6
Reporting person type
FI
Group designation
b
Aggregate amount owned
84,327.00
Percent of class
0.3
Sole voting power
0.00
Shared voting power
84,327.00
Sole dispositive power
0.00
Shared dispositive power
84,327.00
Comments
Based upon 26,060,000 Class A ordinary shares outstanding, as reported by the Issuer in its quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2026.

Reporting person 5

Name
RP Alternative Credit Opportunities Fund
Citizenship / organization
A6
Reporting person type
FI
Group designation
b
Aggregate amount owned
119,471.00
Percent of class
0.5
Sole voting power
0.00
Shared voting power
119,471.00
Sole dispositive power
0.00
Shared dispositive power
119,471.00
Comments
Based upon 26,060,000 Class A ordinary shares outstanding, as reported by the Issuer in its quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2026.

Item 1

Issuer

BTC Development Corp.

Principal executive office address

2929 ARCH STREET, SUITE 1703, 2929 ARCH STREET, SUITE 1703, PHILADELPHIA, PENNSYLVANIA, 19104.

Item 2

Citizenship

See Item 4 on the cover page(s) hereto.

Filing person

This statement is jointly filed by and on behalf of each of RP Investment Advisors LP, RP Select Opportunities Master Fund Ltd., RP Debt Opportunities Fund Ltd., RP Alternative Global Bond Fund and RP Alternative Credit Opportunities Fund (the "Funds"). RP Select Opportunities Master Fund Ltd., RP Debt Opportunities Fund Ltd., RP Alternative Global Bond Fund and RP Alternative Credit Opportunities Fund (the "Funds") are the record and direct beneficial owners of the securities covered by this statement. RP Investment Advisors LP is the investment advisor of, and may be deemed to beneficially own securities owned by, the Funds. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, the beneficial owner of any securities covered by this statement. Each of the reporting persons may be deemed to be a member of a group with respect to the Issuer or securities of the Issuer for the purposes of Section 13(d) or 13(g) of the Act. Each of the reporting persons declares that neither the filing of this statement nor anything herein shall be contrued as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.

Principal business or residence address

The address of the principal business office of each of the reporting persons is 39 Hazelton Avenue, Toronto, Ontario, Canada, M5R 2E3.

Item 3

Not applicable indication

Y

Item 4

Percent of class

See Item 11 on the cover page(s) hereto.

Amount beneficially owned

See Item 9 on the cover page(s) hereto.

Sole voting power

See Item 5 on the cover page(s) hereto.

Shared voting power

See Item 6 on the cover page(s) hereto.

Sole dispositive power

See Item 7 on the cover page(s) hereto.

Shared dispositive power

See Item 8 on the cover page(s) hereto.

Item 5

Ownership of 5% or less

Y

Item 6

Not applicable indication

Y

Item 7

Not applicable indication

Y

Item 8

Not applicable indication

Y

Item 9

Not applicable indication

Y

Item 10

Not applicable indication

N

Certifications

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

Exhibits

Exhibit 99.1 Joint Filing Agreement (filed herewith).

Signature 1

Reporting person
RP Investment Advisors LP
Signed
/s/ Richard Pilosof
Title
Richard Pilosof, Chief Executive Officer, RP Investment Advisors LP by its General Partner RP Investment Advisors GP Inc.
Date
11/12/2026

Signature 2

Reporting person
RP Select Opportunities Master Fund Ltd.
Signed
/s/ Richard Pilosof
Title
Richard Pilosof, Chief Executive Officer, RP Investment Advisors LP by its General Partner RP Investment Advisors GP Inc.
Date
11/12/2026

Signature 3

Reporting person
RP Debt Opportunities Fund Ltd.
Signed
/s/ Richard Pilosof
Title
Richard Pilosof, Chief Executive Officer, RP Investment Advisors LP by its General Partner RP Investment Advisors GP Inc.
Date
11/12/2026

Signature 4

Reporting person
RP Alternative Global Bond Fund
Signed
/s/ Richard Pilosof
Title
Richard Pilosof, Chief Executive Officer, RP Investment Advisors LP by its General Partner RP Investment Advisors GP Inc.
Date
11/12/2026

Signature 5

Reporting person
RP Alternative Credit Opportunities Fund
Signed
/s/ Richard Pilosof
Title
Richard Pilosof, Chief Executive Officer, RP Investment Advisors LP by its General Partner RP Investment Advisors GP Inc.
Date
11/12/2026

Filed exhibits

Company context

We are a blank check company incorporated as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination involving one or more businesses or assets, which we refer to throughout this prospectus as our initial business combination. To date, our efforts have been limited to organizational activities as well as activities related to this offering. We have not identified any acquisition target and we have not, nor has anyone on our behalf, initiated any discussions, directly or indirectly, with respect to identifying any acquisition target. We have generated no operating revenues to date and we do not expect that we will generate operating revenues until we consummate our initial business combination.

Current securities

Recent company filings

  1. 10-Q filingNov 10, 2026
  2. SCHEDULE 13G - filed by WOLVERINE ASSET MANAGEMENT LLC regarding BTC Development Corp.Oct 7, 2026
  3. SCHEDULE 13G/A - filed by METEORA CAPITAL, LLC regarding BTC Development Corp.Aug 14, 2026
  4. 10-Q filingAug 10, 2026
  5. SCHEDULE 13G - filed by METEORA CAPITAL, LLC regarding BTC Development Corp.May 15, 2026

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