Bitcoin Infrastructure Acquisition Corp Ltd $BIXI Stock Sold by Context Capital Management LLC

Context Capital Management LLC cut its stake in shares of Bitcoin Infrastructure Acquisition Corp Ltd (NASDAQ:BIXI) by 33.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 600,000 shares of the company’s stock after selling 300,000 shares during the period. Context Capital Management LLC’s holdings in Bitcoin Infrastructure Acquisition were worth $6,072,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Whitebox Advisors LLC acquired a new position in shares of Bitcoin Infrastructure Acquisition in the first quarter valued at approximately $1,984,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Bitcoin Infrastructure Acquisition during the first quarter worth approximately $3,968,000. DLD Asset Management LP acquired a new stake in Bitcoin Infrastructure Acquisition during the 1st quarter worth approximately $992,000. Sona Asset Management US LLC acquired a new stake in Bitcoin Infrastructure Acquisition during the 1st quarter worth approximately $1,308,000. Finally, Bulldog Investors LLP acquired a new stake in Bitcoin Infrastructure Acquisition during the 1st quarter worth approximately $744,000.

Bitcoin Infrastructure Acquisition Stock Down 0.1%

NASDAQ:BIXI opened at $10.13 on Wednesday. Bitcoin Infrastructure Acquisition Corp Ltd has a 52 week low of $9.80 and a 52 week high of $10.33. The firm’s 50-day simple moving average is $10.10 and its 200 day simple moving average is $10.00.

Bitcoin Infrastructure Acquisition (NASDAQ:BIXI) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.06 earnings per share (EPS) for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Bitcoin Infrastructure Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, September 1st. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Bitcoin Infrastructure Acquisition has an average rating of “Sell”.

About Bitcoin Infrastructure Acquisition

Bitcoin Infrastructure Acquisition Corp. is a special purpose acquisition company (SPAC) formed to pursue a merger, business combination or similar transaction. Its stated focus is on businesses involved in Bitcoin infrastructure. As a SPAC, the company does not operate a Bitcoin network or offer products and services to customers. Its business is to identify and complete a transaction with a target company; its activities and operations may change if a transaction is completed. Further details about its operating history, geographic reach and leadership are not included here because reliable information was not available.