Sona Asset Management US LLC Buys Shares of 131,846 Bitcoin Infrastructure Acquisition Corp Ltd $BIXI

Sona Asset Management US LLC bought a new position in shares of Bitcoin Infrastructure Acquisition Corp Ltd (NASDAQ:BIXI) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 131,846 shares of the company’s stock, valued at approximately $1,308,000.

Several other institutional investors also recently modified their holdings of BIXI. TrueMark Investments LLC acquired a new position in shares of Bitcoin Infrastructure Acquisition during the first quarter worth $148,000. Berkley W R Corp boosted its holdings in shares of Bitcoin Infrastructure Acquisition by 12.8% during the 1st quarter. Berkley W R Corp now owns 228,781 shares of the company’s stock valued at $2,270,000 after acquiring an additional 26,001 shares in the last quarter. Gritstone Asset Management LLC acquired a new stake in shares of Bitcoin Infrastructure Acquisition during the 1st quarter valued at $347,000. ABC Arbitrage SA bought a new stake in Bitcoin Infrastructure Acquisition during the 1st quarter worth $397,000. Finally, Virtu Financial LLC bought a new stake in Bitcoin Infrastructure Acquisition during the 4th quarter worth $530,000.

Wall Street Analysts Forecast Growth

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

Bitcoin Infrastructure Acquisition Stock Up 0.0%

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

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

Bitcoin Infrastructure Acquisition 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.