Aristeia Capital L.L.C. acquired a new stake in Bitcoin Infrastructure Acquisition Corp Ltd (NASDAQ:BIXI – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,551,000 shares of the company’s stock, valued at approximately $15,277,000.
Several other institutional investors also recently added to or reduced their stakes in BIXI. BNP Paribas Financial Markets bought a new position in Bitcoin Infrastructure Acquisition in the 4th quarter worth approximately $6,309,000. Periscope Capital Inc. acquired a new stake in Bitcoin Infrastructure Acquisition in the 4th quarter valued at $3,776,000. Glazer Capital LLC acquired a new stake in Bitcoin Infrastructure Acquisition in the 4th quarter valued at $3,512,000. Hudson Bay Capital Management LP acquired a new stake in Bitcoin Infrastructure Acquisition in the 4th quarter valued at $2,465,000. Finally, Walleye Capital LLC acquired a new position in Bitcoin Infrastructure Acquisition in the fourth quarter worth $2,958,000.
Bitcoin Infrastructure Acquisition Stock Performance
Shares of BIXI opened at $9.99 on Thursday. Bitcoin Infrastructure Acquisition Corp Ltd has a 1 year low of $9.80 and a 1 year high of $10.00. The stock’s 50-day moving average is $9.96.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings started coverage on Bitcoin Infrastructure Acquisition in a research note on Monday, March 16th. They issued a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.
Check Out Our Latest Research Report on Bitcoin Infrastructure Acquisition
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.
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