Bitcoin Infrastructure Acquisition, a blank check company targeting the digital asset industry, filed on Thursday with the SEC to raise up to $200 million in an initial public offering.
The company plans to raise $200 million by offering 20 million units at $10. Each unit contains one share of common stock and one-half of a warrant, exercisable at $11.50.
Bitcoin Infrastructure Acquisition is led by CEO Ryan Gentry, who previously led Business Development at Lightning Labs. He is joined by Director Vikas Mittal, the Managing Member and CIO of Meteora Capital. Mittal brings previous SPAC experience, including serving as a member of GSR II Meteora Acquisition, which merged with Bitcoin Depot (BTM) in June 2023.
The SPAC plans to focus on sectors aligned with the ongoing digitization of financial infrastructure, including digital assets, Web3 technologies, financial services infrastructure, and other blockchain-driven business models.
The Boca Raton, FL-based company was founded in 2025 and plans to list on the Nasdaq under the symbol BIXIU. Cohen & Company Securities is the sole bookrunner on the deal.
