DLD Asset Management LP Purchases Shares of 100,000 Bitcoin Infrastructure Acquisition Corp Ltd $BIXI

DLD Asset Management LP acquired a new position in Bitcoin Infrastructure Acquisition Corp Ltd (NASDAQ:BIXI) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 100,000 shares of the company’s stock, valued at approximately $992,000.

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

Bitcoin Infrastructure Acquisition Stock Performance

BIXI opened at $10.02 on Thursday. The stock has a 50-day moving average price 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 announced its quarterly earnings results on Monday, March 30th. The company reported $0.03 earnings per share (EPS) for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of Bitcoin Infrastructure Acquisition in a research report on Monday, July 6th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

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.