Nakamoto Inc., a public company dedicated to Bitcoin, has finalized agreements to purchase BTC Inc. and UTXO Management GP, LLC in an all-stock transaction valued at approximately $107.3 million. This strategic acquisition aims to unify several businesses within the Bitcoin ecosystem under one publicly traded entity.
The acquisition will enable Nakamoto to consolidate its holdings in the Bitcoin media, events, and asset management sectors. BTC Inc., co-founded by David Bailey in 2013, is renowned for publishing Bitcoin Magazine and hosting The Bitcoin Conference, a prominent event within the Bitcoin community. Meanwhile, UTXO Management specializes in advising Bitcoin-centric investment vehicles and capital allocation strategies across various markets.
As part of the agreement, Nakamoto will issue common shares to the sellers at a predetermined price of $1.12 per share. The transaction is anticipated to close in the first quarter of 2026, pending standard conditions. This move is seen as a significant step toward creating a vertically integrated platform that encompasses media, advisory services, and investment strategies aligned with the long-term growth of Bitcoin.
David Bailey, who leads Nakamoto as chairman and CEO, expressed enthusiasm about the merger, stating, “Bringing BTC Inc and UTXO into Nakamoto has been a part of our vision since day one.” He emphasized the intention to manage a diverse portfolio of companies that can adapt to and scale with the evolving landscape of Bitcoin.
Bailey”s commitment to the Bitcoin industry extends beyond business; he has also served on the board of the Bitcoin Policy Institute, actively advocating for the cryptocurrency”s growth and adoption. This acquisition signifies a noteworthy consolidation in the Bitcoin sector, bringing together influential players in publishing, event management, and capital management within a single public entity. As institutional interest in Bitcoin continues to rise, Nakamoto”s expansion strategy positions it favorably in the rapidly evolving crypto landscape.
