Bitcoin Infrastructure Acquisition Corp Ltd. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 13, 2026, disclosing financial results and balance sheet data for the nine months ended on that date.

Key Highlights

  • Trust Account balance: Cash and Treasury Securities held in Trust Account totaled $226,498,377 as of September 30, 2026, up from $220,645,454 at December 31, 2025.
  • Net income, nine months: The company reported net income of $4,947,752 for the nine months ended September 30, 2026, compared to a net loss of $41,989 for the period from June 9, 2025 (inception) through September 30, 2025.
  • Trust interest income: Interest income on the Trust Account was $5,852,923 for the nine months ended September 30, 2026, according to the filing.
  • Redemption value: The 22,000,000 Class A ordinary shares subject to possible redemption carried a redemption value of $10.30 per share as of September 30, 2026, versus $10.03 per share at December 31, 2025.
  • Shareholders' deficit: Total shareholders' deficit was $(7,063,567) as of September 30, 2026, compared to $(6,158,396) at December 31, 2025.
  • Founder share forfeiture: During Q1 2026, 333,334 Class B ordinary shares were forfeited, reducing Class B shares outstanding from 7,666,667 to 7,333,333.
  • Shell company status: The registrant indicated by check mark that it is a shell company as defined in Rule 12b-2 of the Exchange Act.

Bitcoin Infrastructure Acquisition Corp: Nine-Month Financial Position and Operations Through September 30, 2026

Bitcoin Infrastructure Acquisition Corp Ltd., listed on NASDAQ:BIXI, filed its quarterly report covering the period ended September 30, 2026. According to the filing, the company held total assets of $228,451,655, with the Trust Account representing the dominant portion at $226,498,377. Total current assets outside the Trust stood at $1,943,206, including cash and cash equivalents of $1,856,072. Total liabilities were $9,016,845, which included $8,800,000 in deferred underwriting commissions classified as non-current.

The filing disclosed that for the nine months ended September 30, 2026, the company recorded a net operating loss of $968,901, driven by formation, general and administrative expenses of $676,282, an administrative support fee expense of $180,000, listing fees of $63,516, and insurance expense of $49,103. This operating loss was more than offset by other income, including $5,852,923 in interest income on the Trust Account and $48,730 in interest income on a money market mutual fund, as well as a $15,000 gain on extinguishment of an over-allotment option liability, yielding net other income of $5,916,653. The resulting net income for the nine-month period was $4,947,752.

For the three months ended September 30, 2026 specifically, the company reported net income of $1,629,695, with basic and diluted net income per share of $0.05 for Class A redeemable, Class A non-redeemable, and Class B non-redeemable ordinary shares. The accumulated deficit grew to $7,064,378 by September 30, 2026, from $6,159,240 at December 31, 2025, reflecting ongoing accretion of Class A ordinary shares subject to possible redemption. As of November 13, 2026, the company reported 22,000,000 Class A ordinary shares subject to possible redemption, 770,000 Class A ordinary shares not subject to possible redemption, and 7,333,333 Class B ordinary shares outstanding.

What Was Disclosed

Bitcoin Infrastructure Acquisition Corp Ltd. disclosed its unaudited condensed financial statements for the quarter and nine months ended September 30, 2026, including balance sheet data, income and loss figures, changes in shareholders' deficit, and share counts as of November 13, 2026.