  We have investigated the magneto-transport properties of beta-Bi4I4 bulk
crystal, which was recently theoretically proposed and experimentally
demonstrated to be a topological insulator. At low temperature T and magnetic
field B, a series of Shubnikov-De Haas(SdH) oscillations are observed on the
magnetoresistivity (MR). The detailed analysis reveals a light cyclotron mass
of 0.1 me, and the field angle dependence of MR reveals that the SdH
oscillations originate from a convex Fermi surface. In the extreme quantum
limit (EQL) region, there is a metal-insulator transition occurring soon after
the EQL. We perform the scaling analysis, and all the isotherms fall onto a
universal scaling with a fitted critical exponent of 6.5. The enormous value of
critical exponent implies this insulating quantum phase originated from strong
electron-electron interactions in high fields. However, in the far end of EQL,
both the longitudinal and Hall resistivity increase exponentially with B, and
the temperature dependence of the MR reveals an energy gap induced by the high
magnetic field, signifying a magnetic freeze-out effect. Our findings indicate
that bulk beta-Bi4I4 is an excellent candidate for a 3D topological system for
exploring EQL physics and relevant exotic quantum phases.
