Nakamoto has announced a $107.3 million all-stock deal to acquire BTC Inc. and UTXO Management.
The company will issue about 363.6 million shares at $1.12 each to complete the transaction.
The deal brings together several well-known Bitcoin brands under one Nasdaq-listed treasury firm. BTC Inc. owns Bitcoin Magazine and runs The Bitcoin Conference. UTXO Management is known for backing companies that hold Bitcoin as part of their treasury strategy.
Nakamoto was founded by entrepreneur David Bailey, who said the acquisitions fit into the company’s long-term plan. The goal is to build a portfolio that includes media, advisory services, and asset management — all centered around Bitcoin.
According to the company, the structure of the deal involved exercising earlier call options. Nakamoto acquired BTC Inc., while BTC Inc. simultaneously acquired UTXO Management.
Management says the move will create steady, recurring revenue streams. That income can then support further Bitcoin purchases and potential future acquisitions. In short, the media and advisory arms are expected to help fund the company’s broader Bitcoin treasury strategy.
Nakamoto joins other Bitcoin treasury-focused firms like MicroStrategy, led by Michael Saylor, which also continues to accumulate Bitcoin.
Bailey made it clear that Nakamoto does not plan to sell its Bitcoin holdings, except in the case of a severe and prolonged market downturn. For now, the strategy remains focused on long-term accumulation and expansion.
Industry watchers say this kind of consolidation — mixing media, advisory, and treasury operations — is becoming more common as Bitcoin-focused firms look for stable revenue while continuing to grow their holdings.
