75,000 Shares in Bitcoin Infrastructure Acquisition Corp Ltd $BIXI Purchased by Bulldog Investors LLP

Bulldog Investors LLP acquired a new stake in Bitcoin Infrastructure Acquisition Corp Ltd (NASDAQ:BIXI) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 75,000 shares of the company’s stock, valued at approximately $744,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Aristeia Capital L.L.C. bought a new position in Bitcoin Infrastructure Acquisition in the 4th quarter worth about $15,277,000. AQR Arbitrage LLC bought a new stake in shares of Bitcoin Infrastructure Acquisition during the fourth quarter valued at approximately $11,439,000. Verition Fund Management LLC acquired a new position in shares of Bitcoin Infrastructure Acquisition during the fourth quarter worth approximately $10,353,000. BNP Paribas Financial Markets acquired a new position in shares of Bitcoin Infrastructure Acquisition during the fourth quarter worth approximately $6,309,000. Finally, Context Capital Management LLC bought a new position in Bitcoin Infrastructure Acquisition in the 1st quarter worth approximately $5,952,000.

Analysts Set New Price Targets

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

Bitcoin Infrastructure Acquisition Stock Up 0.2%

Shares of NASDAQ:BIXI opened at $10.02 on Tuesday. The stock has a 50 day moving average of $9.99. Bitcoin Infrastructure Acquisition Corp Ltd has a twelve month low of $9.80 and a twelve month high of $10.02.

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

About Bitcoin Infrastructure Acquisition

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.