Nakamoto’s $107M all-stock deal signals major consolidation in Bitcoin media and finance.
BTC Inc. and UTXO integration gives Nakamoto recurring revenue plus BTC accumulation paths.
Rising institutional Bitcoin exposure boosts momentum for diversified crypto-focused firms.
Nakamoto Inc. (NASDAQ: NAKA) has agreed to acquire BTC Inc., the parent company of Bitcoin Magazine, and UTXO Management in an all-stock transaction valued at more than $107 million. The deal marks a major consolidation within the Bitcoin-focused media and investment space.
Consequently, Nakamoto moves to expand beyond a single operating model and position itself as a diversified Bitcoin company with exposure to media, asset management, and advisory services.
The transaction, which the companies expect to close in the first quarter, relies entirely on Nakamoto common stock priced at $1.12 p…
Read The Full Article Nasdaq-Listed Nakamoto Moves to Buy BTC Inc and UTXO On Coin Edition.