SCHEDULE: Tenor Capital Discloses 6% Stake in Bitcoin Infrastructure SPAC

Sentiment:

Beneficial Ownership Report (Schedule 13G)


Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah jointly reported a 6.0% beneficial ownership stake in Bitcoin Infrastructure Acquisition Corp Ltd.

Summary

  • Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah have filed a Schedule 13G, disclosing beneficial ownership in Bitcoin Infrastructure Acquisition Corp Ltd.
  • Each reporting person beneficially owns 1,250,000 Class A ordinary shares, which represents 6.0% of the class.
  • The Class A ordinary shares are held in the form of units, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant.
  • The ownership percentage is calculated based on 20,700,000 units issued and outstanding, as stated in the Issuer's Prospectus filed on December 2, 2025.
  • Tenor Capital Management Company, L.P. serves as the investment manager to Tenor Opportunity Master Fund, Ltd., which directly holds the units.
  • Robin Shah is the managing member of Tenor Management GP, LLC, the general partner of Tenor Capital, establishing shared voting and dispositive power among the reporting persons.

Sentiment

Score: 5

Explanation: Neutral, as this is a factual disclosure of beneficial ownership without performance or operational details.

Future Outlook

NA

Industry Context

This filing indicates a significant institutional investment in a Special Purpose Acquisition Company (SPAC) focused on Bitcoin infrastructure, reflecting continued investor interest in the digital asset and blockchain sector.

Stakeholder Impact

  • Shareholders: Disclosure of a new significant institutional shareholder (6.0% stake) provides transparency regarding the ownership structure.

Key Dates

DateDescription
12/02/2025Date of event requiring the filing of this statement (Issuer's Prospectus filed with SEC)
12/08/2025Date of filing of this Schedule 13G

Keywords

Bitcoin Infrastructure Acquisition Corp, Tenor Capital Management, Tenor Opportunity Master Fund, Robin Shah, Schedule 13G, Beneficial Ownership, Class A ordinary shares, SPAC, Investment Management, Institutional Investor

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