Nakamoto Inc. Acquires BTC Inc. and UTXO Management
Nakamoto Inc., a publicly traded company centered around Bitcoin and led by CEO David Bailey, has entered into binding agreements to acquire both BTC Inc. and UTXO Management GP, LLC. This transaction, valued at roughly $107.3 million, will be conducted through an all-stock deal. David Bailey, who co-founded both BTC Inc. and played a significant role in the establishment of UTXO Management, brings these two entities under one umbrella as part of his vision for a unified Bitcoin-focused organization.
Details of the Acquisition
Per the terms of the acquisition, Nakamoto will distribute shares to the sellers at a predetermined rate of $1.12 each. The completion of this deal is anticipated in the first quarter of 2026, contingent upon standard regulatory approvals.
This acquisition combines a range of operations related to media, event management, and investment advisement within the Bitcoin sector. BTC Inc. is recognized for its role as the publisher of Bitcoin Magazine and for organizing The Bitcoin Conference, a significant event for Bitcoin enthusiasts worldwide. Meanwhile, UTXO Management specializes in advising on Bitcoin investment strategies and capital distribution across both public and private sectors.
Vision for the Future
“Our plan is to build a diverse portfolio of companies involved in media, asset management, and advisory services that can grow alongside Bitcoin’s trajectory,”
David Bailey emphasized.
With over ten years of experience in the Bitcoin industry, Bailey has been a notable advocate for Bitcoin, having served on the board of the Bitcoin Policy Institute as well.
Strategic Implications
As Nakamoto Inc. strengthens its position as a public firm deeply rooted in Bitcoin initiatives, it aims to capitalize on the increasing institutional acceptance of cryptocurrency. If the merger proceeds as planned, it will represent a significant move towards consolidation within the Bitcoin ecosystem, merging entities involved in publishing, large-scale events, and capital management into a single publicly traded company.
