Polar Asset Management Partners Inc. Makes New $4.96 Million Investment in Bitcoin Infrastructure Acquisition Corp Ltd $BIXI

Polar Asset Management Partners Inc. bought a new position in Bitcoin Infrastructure Acquisition Corp Ltd (NASDAQ:BIXIFree Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 500,000 shares of the company’s stock, valued at approximately $4,955,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. TrueMark Investments LLC acquired a new position in Bitcoin Infrastructure Acquisition during the 1st quarter worth approximately $148,000. Gritstone Asset Management LLC bought a new stake in shares of Bitcoin Infrastructure Acquisition during the first quarter worth $347,000. ABC Arbitrage SA bought a new stake in shares of Bitcoin Infrastructure Acquisition during the first quarter worth $397,000. Virtu Financial LLC bought a new stake in shares of Bitcoin Infrastructure Acquisition during the fourth quarter worth $530,000. Finally, Bulldog Investors LLP acquired a new position in shares of Bitcoin Infrastructure Acquisition during the first quarter worth $744,000.

Wall Street Analyst Weigh In

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

Check Out Our Latest Report on Bitcoin Infrastructure Acquisition

Bitcoin Infrastructure Acquisition Stock Up 0.0%

Shares of NASDAQ BIXI opened at $10.02 on Monday. Bitcoin Infrastructure Acquisition Corp Ltd has a 52-week low of $9.80 and a 52-week high of $10.02. The company has a 50 day simple moving average of $9.99.

Bitcoin Infrastructure Acquisition (NASDAQ:BIXIGet Free Report) last issued its quarterly earnings results on Monday, March 30th. The company reported $0.03 EPS for the quarter.

About Bitcoin Infrastructure Acquisition

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Bitcoin Infrastructure Acquisition (NASDAQ:BIXI)

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