200,000 Shares in Bitcoin Infrastructure Acquisition Corp Ltd $BIXI Bought by Whitebox Advisors LLC

Whitebox Advisors LLC acquired a new position in shares of Bitcoin Infrastructure Acquisition Corp Ltd (NASDAQ:BIXI) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 200,000 shares of the company’s stock, valued at approximately $1,984,000.

Other institutional investors also recently bought and sold shares of the company. TrueMark Investments LLC purchased a new stake in shares of Bitcoin Infrastructure Acquisition in the first quarter valued at about $148,000. Gritstone Asset Management LLC purchased a new position in shares of Bitcoin Infrastructure Acquisition during the first quarter worth about $347,000. ABC Arbitrage SA purchased a new position in shares of Bitcoin Infrastructure Acquisition during the first quarter worth about $397,000. Virtu Financial LLC acquired a new position in Bitcoin Infrastructure Acquisition in the 4th quarter valued at about $530,000. Finally, Bulldog Investors LLP acquired a new position in Bitcoin Infrastructure Acquisition in the 1st quarter valued at about $744,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Bitcoin Infrastructure Acquisition in a research note on Monday, July 6th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Bitcoin Infrastructure Acquisition has an average rating of “Sell”.

Bitcoin Infrastructure Acquisition Stock Performance

Shares of BIXI opened at $10.02 on Monday. The firm has a fifty day moving average price of $9.99. Bitcoin Infrastructure Acquisition Corp Ltd has a 1 year low of $9.80 and a 1 year high of $10.02.

Bitcoin Infrastructure Acquisition (NASDAQ:BIXI) last announced its quarterly earnings data on Monday, March 30th. The company reported $0.03 EPS for the quarter.

Bitcoin Infrastructure Acquisition Company Profile

Bitcoin Infrastructure Acquisition (NASDAQ: BIXI) is a publicly listed special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating businesses in the bitcoin infrastructure sector. As a blank‑check vehicle, the company’s primary purpose is to raise capital through its public listing and use those funds to pursue mergers, acquisitions or business combinations that expand access to bitcoin mining, hosting and related infrastructure services.

While the SPAC itself does not operate mining facilities or produce hardware, its investment focus is on companies that provide the physical and technological backbone for bitcoin and other digital asset networks.