Vault-13

BITCOIN INFRASTRUCTURE ACQUI BIXI

USD CL A ORD SHS · Common Stock · CUSIP G1143H101

55 institutional holders +0 vs Q1 2026
18,765,74818.8m shares reported held*
$187.6mreported value*
1 new 7 added 9 reduced 1 sold out net bought ≈ $6.3m (+629.9k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.00.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q4 25: 22Q1 26: 55Q2 26: 5555Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q4 202522
Q1 202655
Q2 202655

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q1 26: 40 bought or addedQ1 26: 6 cut or sold outQ1 26Q2 26: 8 bought or addedQ2 26: 10 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q1 2026406
Q2 2026810

Biggest buyers

RLH Capital LLC New +398,989+399.0k
WOLVERINE ASSET MANAGEMENT LLC Added +163,999+164.0k
Parallax Volatility Advisers, L.P. Added +106,654+106.7k
D. E. Shaw & Co., Inc. Added +50,709+50.7k
Schonfeld Strategic Advisors LLC Added +14,999+15.0k
AQR Arbitrage LLC Added +13,450+13.4k
ROBINSON CAPITAL MANAGEMENT, LLC Added +10,000+10.0k
MILLENNIUM MANAGEMENT LLC Added +40+40

Biggest sellers

Clear Street Group Inc. Reduced -76,542-76.5k
Shaolin Capital Management LLC Reduced -32,944-32.9k
Virtu Financial LLC Reduced -10,869-10.9k
ABC ARBITRAGE SA Reduced -5,000-5.0k
Karpus Management, Inc. Reduced -1,700-1.7k
RIVERNORTH CAPITAL MANAGEMENT, LLC Reduced -612-612
TrueMark Investments, LLC Reduced -612-612
TORONTO DOMINION BANK Sold out -562-562
GLAZER CAPITAL, LLC Reduced -120-120
MORGAN STANLEY Reduced -20-20

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
ARISTEIA CAPITAL, L.L.C. 13G · institution new · filed 2026-02-17 6.8% new 1.6m≈ $15.5m 2026-02-17
LMR Partners LLP 13G · institution new · filed 2026-02-17 5.5% new 1.2m≈ $12.5m 2026-02-17
AQR CAPITAL MANAGEMENT LLC 13G · institution +0.2 pts · filed 2026-08-13 5.1% +0.2 pts 1.1m≈ $11.2m 2026-08-13

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ARISTEIA CAPITAL, L.L.C. 0.28% of their portfolio GREENWICH, CT 1,752,1001.8m $17.5m $17.5m 0.28% Unchanged
2 Linden Advisors LP 0.06% of their portfolio New York, NY 1,250,0001.2m $12.5m $12.5m 0.06% Unchanged
3 TENOR CAPITAL MANAGEMENT Co., L.P. 0.18% of their portfolio NEW YORK, NY 1,250,0001.2m $12.5m $12.5m 0.18% Unchanged
4 AQR Arbitrage LLC 0.16% of their portfolio Greenwich, CT 1,125,4761.1m $11.3m $11.3m 0.16% Added +13.4k +13,450
5 Verition Fund Management LLC 0.07% of their portfolio GREENWICH, CT 1,060,0001.1m $10.6m $10.6m 0.07% Unchanged
6 Magnetar Financial LLC 0.09% of their portfolio EVANSTON, IL 999,9981,000.0k $10.0m $10.0m 0.09% Unchanged
7 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 697,141697.1k $7.0m $7.0m 0.00% Unchanged
8 Lineage Point Capital LP 1.42% of their portfolio PALM BEACH, FL 693,000693.0k $6.9m $6.9m 1.42% Unchanged
9 Context Capital Management, LLC 0.12% of their portfolio LAJOLLA, CA 600,000600.0k $6.0m $6.0m 0.12% Unchanged
10 Radcliffe Capital Management, L.P. 0.42% of their portfolio BALA CYNWYD, PA 556,079556.1k $5.6m $5.6m 0.42% Unchanged
11 WOLVERINE ASSET MANAGEMENT LLC 0.07% of their portfolio CHICAGO, IL 524,646524.6k $5.2m $5.2m 0.07% Added +164.0k +163,999
12 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.24% of their portfolio WEST PALM BEACH, FL 511,388511.4k $5.1m $5.1m 0.24% Reduced -612 -612
13 Polar Asset Management Partners Inc. 0.09% of their portfolio TORONTO, A6 500,000500.0k $5.0m $5.0m 0.09% Unchanged
14 PICTON MAHONEY ASSET MANAGEMENT 0.05% of their portfolio Toronto, A6 500,000500.0k $5.0m $5.0m 0.05% Unchanged
15 Parallax Volatility Advisers, L.P. 0.17% of their portfolio San Francisco, CA 459,802459.8k $4.6m $4.6m 0.17% Added +106.7k +106,654
16 Periscope Capital Inc. 0.69% of their portfolio Toronto, A6 433,506433.5k $4.3m $4.3m 0.69% Unchanged
17 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 402,018402.0k $4.0m $4.0m 0.00% Added +50.7k +50,709
18 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 400,000400.0k $4.0m $4.0m 0.02% Unchanged
19 RLH Capital LLC 1.91% of their portfolio Great Neck, NY 398,989399.0k $4.0m $4.0m 1.91% New
20 GLAZER CAPITAL, LLC 0.09% of their portfolio New York, NY 366,218366.2k $3.7m $3.7m 0.09% Reduced -120 -120
21 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 362,500362.5k $3.6m $3.6m 0.00% Unchanged
22 Starboard Value LP 0.07% of their portfolio New York, NY 300,000300.0k $3.0m $3.0m 0.07% Unchanged
23 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 300,000300.0k $3.0m $3.0m 0.01% Unchanged
24 Hudson Bay Capital Management LP 0.01% of their portfolio STAMFORD, CT 250,000250.0k $2.5m $2.5m 0.01% Unchanged
25 Alberta Investment Management Corp 0.01% of their portfolio EDMONTON, A0 250,000250.0k $2.5m $2.5m 0.01% Unchanged
26 BERKLEY W R CORP 0.11% of their portfolio Greenwich, CT 228,781228.8k $2.3m $2.3m 0.11% Unchanged
27 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 210,000210.0k $2.1m $2.1m 0.01% Added +15.0k +14,999
28 WHITEBOX ADVISORS LLC 0.03% of their portfolio MINNEAPOLIS, MN 200,000200.0k $2.0m $2.0m 0.03% Unchanged
29 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 196,600196.6k $2.0m $2.0m 0.00% Added +40 +40
30 Shaolin Capital Management LLC 0.09% of their portfolio Miami, FL 167,056167.1k $1.7m $1.7m 0.09% Reduced -32.9k -32,944
31 Wealthspring Capital LLC 0.35% of their portfolio WEST HARRISON, NY 158,200158.2k $1.6m $1.6m 0.35% Unchanged
32 MMCAP International Inc. SPC 0.13% of their portfolio GRAND CAYMAN, E9 150,000150.0k $1.5m $1.5m 0.13% Unchanged
33 MOORE CAPITAL MANAGEMENT, LP 0.03% of their portfolio NEW YORK, NY 150,000150.0k $1.5m $1.5m 0.03% Unchanged
34 Governors Lane LP 0.15% of their portfolio NEW YORK, NY 150,000150.0k $1.5m $1.5m 0.15% Unchanged
35 Mint Tower Capital Management B.V. 0.18% of their portfolio AMSTERDAM, P7 150,000150.0k $1.5m $1.5m 0.18% Unchanged
36 SONA ASSET MANAGEMENT (US) LLC 0.05% of their portfolio NEW YORK, NY 131,846131.8k $1.3m $1.3m 0.05% Unchanged
37 DLD Asset Management, LP 0.08% of their portfolio NEW YORK, NY 100,000100.0k $999.5k $999.5k 0.08% Unchanged
38 BlueCrest Capital Management Ltd 0.04% of their portfolio ST HELIER, Y9 100,000100.0k $1.0m $1.0m 0.04% Unchanged
39 O'Connor Alternative Investments LLC 0.07% of their portfolio NEW YORK, NY 100,000100.0k $1.0m $1.0m 0.07% Unchanged
40 Karpus Management, Inc. 0.02% of their portfolio Pittsford, NY 80,71180.7k $806.7k $806.7k 0.02% Reduced -1.7k -1,700
41 Bulldog Investors, LLP 0.16% of their portfolio SADDLE BROOK, NJ 75,00075.0k $749.6k $749.6k 0.16% Unchanged
42 Cable Car Capital, LP 0.03% of their portfolio SAN FRANCISCO, CA 75,00075.0k $749.6k $749.6k 0.03% Unchanged
43 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 55,12855.1k $551.0k $551.0k 0.00% Reduced -76.5k -76,542
44 Centiva Capital, LP 0.02% of their portfolio New York, NY 50,00050.0k $500.0k $500.0k 0.02% Unchanged
45 Crossingbridge Advisors, LLC 0.09% of their portfolio PLEASANTVILLE, NY 50,00050.0k $499.8k $499.8k 0.09% Unchanged
46 MIZUHO SECURITIES USA LLC 0.00% of their portfolio NEW YORK, NY 40,10040.1k $395.0k $395.0k 0.00% Unchanged
47 GRITSTONE ASSET MANAGEMENT LLC 0.34% of their portfolio Bethesda, MD 35,00035.0k $349.8k $349.8k 0.34% Unchanged
48 ABC ARBITRAGE SA 0.04% of their portfolio PARIS, I0 35,00035.0k $349.8k $349.8k 0.04% Reduced -5.0k -5,000
49 Kepos Capital LP 0.48% of their portfolio NEW YORK, NY 35,00035.0k $350.0k $350.0k 0.48% Unchanged
50 Virtu Financial LLC 0.01% of their portfolio New York, NY 33,22633.2k $332.0k $332.0k 0.01% Reduced -10.9k -10,869
51 Warberg Asset Management LLC 0.06% of their portfolio WINNETKA, IL 20,00020.0k $199.9k $199.9k 0.06% Unchanged
52 ROBINSON CAPITAL MANAGEMENT, LLC 0.09% of their portfolio GROSSE POINTE FARMS, MI 20,00020.0k $200.0k $200.0k 0.09% Added +10.0k +10,000
53 TrueMark Investments, LLC 0.02% of their portfolio CHICAGO, IL 14,38814.4k $143.9k $143.9k 0.02% Reduced -612 -612
54 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,80011.8k $118.0k $118.0k 0.00% Unchanged
55 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5151 $510 $510 0.00% Reduced -20 -20