Radcliffe Capital Management L.P. Buys Shares of 556,079 Bitcoin Infrastructure Acquisition Corp Ltd $BIXI

Radcliffe Capital Management L.P. purchased a new position in shares of Bitcoin Infrastructure Acquisition Corp Ltd (NASDAQ:BIXI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 556,079 shares of the company’s stock, valued at approximately $5,477,000.

Several other institutional investors and hedge funds have also made changes to their positions in BIXI. BNP Paribas Financial Markets purchased a new position in Bitcoin Infrastructure Acquisition during the 4th quarter valued at about $6,309,000. Periscope Capital Inc. purchased a new stake in shares of Bitcoin Infrastructure Acquisition in the fourth quarter valued at about $3,776,000. Glazer Capital LLC acquired a new stake in shares of Bitcoin Infrastructure Acquisition in the fourth quarter valued at approximately $3,512,000. Hudson Bay Capital Management LP purchased a new position in shares of Bitcoin Infrastructure Acquisition during the 4th quarter worth approximately $2,465,000. Finally, Walleye Capital LLC acquired a new position in shares of Bitcoin Infrastructure Acquisition during the 4th quarter worth approximately $2,958,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings initiated coverage on Bitcoin Infrastructure Acquisition in a research note on Monday, March 16th. They issued a “sell (e-)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Bitcoin Infrastructure Acquisition currently has a consensus rating of “Sell”.

Bitcoin Infrastructure Acquisition Trading Up 0.1%

Shares of BIXI opened at $9.99 on Wednesday. Bitcoin Infrastructure Acquisition Corp Ltd has a 1 year low of $9.80 and a 1 year high of $10.00. The firm’s 50 day moving average price is $9.96.

Bitcoin Infrastructure Acquisition (NASDAQ:BIXI) last released its earnings results 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.