Bitcoin Infrastructure Acquisition Corp Ltd. (BIXIW) Warrant
Each BIXIW warrant gives the holder the right to buy 1 share of Bitcoin Infrastructure Acquisition Corp Ltd. at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.10, below the strike, so the warrant is out of the money. Bitcoin Infrastructure Acquisition Corp Ltd. has a market value of about $304.04M. Bitcoin Infrastructure Acquisition Corp Ltd. is a SPAC (no deal announced yet). It must complete a deal by December 3, 2027 or the warrants expire worthless. There are 11.00M listed warrants; exercising all of them would add 36.5% to the 30.10M shares outstanding.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.86
From the issuer's S-1/A (2025-11-06).
Company and stock
- Company
- Bitcoin Infrastructure Acquisition Corp Ltd.
- Underlying stock
- BIXI
- Share price
- $10.10
- Market cap
- $304.04M
- Shares outstanding
- 30.10M
- Range since Dec 2025
- $9.83 – $10.33
- Change since Dec 2025
- +2%
- Value of all listed warrants
- $4.01M (1.3% of market cap)
- Industry
- Blank check company (SPAC)
- Head office
- Boca Raton, FL
- Incorporated in
- Cayman Islands
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.3641
- Price / model
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Dilution
- Shares outstanding
- 30.10M
- Listed warrants
- 11.00M
- Dilution if all exercised
- 36.5%
Warrant count from filing text: public warrants.
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2027-12-03
- Latest possible deadline
- 2027-12-03
- Trust per share
- $10.20
- Sponsor
- Samara Acquisition Sponsor V Ltd.
- Sponsor's earlier SPACs
- 1 (1 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about BIXIW
When does the BIXIW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of BIXIW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many BIXIW warrants are outstanding?
11.00M listed warrants, equal to 36.5% dilution if all are exercised.
Related warrants
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