- Ryan Gentry has filed an S-1 for a $200m SPAC named Bitcoin Infrastructure Acquisition Corp to list on Nasdaq as BIXIU. :contentReference[oaicite:0]{index=0}
- The vehicle will target digital assets, Web3 and financial infrastructure, with board members drawn from DeFi Development Corp, BTC Inc and Giga Energy. :contentReference[oaicite:1]{index=1}
Ryan Gentry, formerly the business lead at Lightning Labs, has launched a $200 million blank-check company and filed to list on Nasdaq under the ticker BIXIU.
S-1 details include 20 million units at $10 and a half-warrant per unit
The Cayman Islands-incorporated Bitcoin Infrastructure Acquisition Corp Ltd. seeks to raise $200 million via 20 million units priced at $10 each. Each unit comprises one Class A ordinary share and one-half of a redeemable warrant exercisable at $11.50.
Cohen & Company Capital Markets is the underwriter, and the sponsor is Samara Acquisition Sponsor V Ltd. The filing is dated August 27, 2025, and lists a Boca Raton address for the registrant.
The SPAC states that proceeds will be placed in a trust account until a business combination is completed, and it outlines standard redemption rights and a 15 percent redemption cap for shareholders acting in concert if a vote is held. The prospectus also notes an over-allotment option of up to 3 million additional units.
Renaissance Capital’s profile shows the entity was incorporated on June 9, 2025 as Meteora Venture Partners Acquisition Corporation V Ltd. and renamed Bitcoin Infrastructure Acquisition Corp Ltd. on August 7, 2025. The profile reiterates the $200 million target and Nasdaq ticker BIXIU.
Ryan Gentry, former business lead at Lightning Labs, has filed for a $200M SPAC named Bitcoin Infrastructure Acquisition Corp, aiming to list on Nasdaq under “BIXIU.” The SPAC will target companies in digital assets, Web3, and financial infrastructure. Board members include the…
— Wu Blockchain (@WuBlockchain) August 29, 2025
Board and management appointments reflect crypto operating experience
Gentry serves as chief executive officer. The S-1 and related disclosures list James “Jim” DeAngelis as chief financial officer and identify Vikas Mittal, chief investment officer at Meteora Capital, as a director.
Parker White, operating and investment chief at DeFi Development Corporation and a former engineering director at Kraken, chairs the board.
Additional directors include Matt Lohstroh, co-founder of miner Giga Energy, and Tyler Evans, a co-founder of BTC Inc and the investment chief at KindlyMD following its merger with Nakamoto Holdings. Founder share transfers to certain directors are disclosed in the filing.
The mandate focuses on targets aligned with the digitisation of financial infrastructure across digital assets, Web3 technologies and financial services infrastructure.
The prospectus highlights businesses building wallets, custody, exchanges, data protocols, lending, tokenised instruments and applications in payments, DeFi and cross-border finance as priority areas.
At the time of press, Bitcoin was trading at exactly $109,800.00, marking a decline of $3,364.00, or −2.97 %, from the previous close
