Bitcoin-focused public company Nakamoto Inc., led by chairman and CEO David Bailey, has signed definitive agreements to acquire BTC Inc. and UTXO Management GP, LLC in an all-stock transaction valued at approximately $107.3 million.
Summary
- Nakamoto Inc., led by David Bailey, will acquire BTC Inc. and UTXO Management GP, LLC in a $107.3 million all-stock deal.
- The transaction consolidates Bitcoin media, events, and asset management businesses under one publicly listed entity.
- Nakamoto aims to build a vertically integrated Bitcoin platform spanning publishing, conferences, advisory, and investment strategy.
