TD Securities and Toronto-Dominion Bank Increase Stake in BTC Development Corp. to 6.5%

On May 15, 2026, TD Securities (USA) LLC, along with its parent entities Toronto Dominion Holdings USA Inc., TD Group US Holdings LLC, and The Toronto-Dominion Bank (TD Bank), filed a Schedule 13G/A regarding their holdings in BTC Development Corp. (BDCI). The filing reports a combined beneficial ownership of 1,695,100 Class A ordinary shares, representing 6.5% of the class. Specifically, TD Securities (USA) LLC holds sole voting and dispositive power over 495,100 shares (1.9%), while TD Bank holds sole power over 1,200,000 shares (4.6%). This reflects an increase from a previous reported position of zero shares. The shares were acquired in the ordinary course of business and not for the purpose of influencing control of the issuer. The reporting persons operate under a joint filing agreement, with TD Bank serving as the ultimate parent entity. The filing was triggered by events occurring as of March 31, 2026.