Nakamoto Inc. ($NAKA) to Acquire BTC Inc and UTXO Management
Summary
Nakamoto Inc. ($NAKA) has entered into merger agreements to acquire BTC Inc, a leading provider of Bitcoin media and events (including Bitcoin Magazine), and UTXO Management GP, LLC (“UTXO”), an investment firm focused on Bitcoin companies. The transaction is expected to close in the first quarter and will be financed entirely with Nakamoto common stock at $1.12 per share, based on a call option outlined in a prior Marketing Services Agreement (MSA).
This acquisition aims to establish Nakamoto as a diversified Bitcoin operating company with global brand presence across media, asset management, and advisory services. BTC Inc and UTXO are expected to provide recurring earnings to strengthen Nakamoto's balance sheet and support future growth, including Bitcoin accumulation. BTC Inc is noted as a major media entity organizing The Bitcoin Conference, while UTXO advises 210k Capital, a Bitcoin-focused hedge fund.
David Bailey, Chairman and CEO of Nakamoto, stated this move aligns with the vision to operate a portfolio of companies scaling with Bitcoin's long-term growth. The total consideration for BTC Inc and UTXO securityholders is valued at approximately $107.3 million, based on Nakamoto's February 13, 2026 closing price.
(Source:Bitcoin Magazine)