PANews|Feb 21, 2026 08:04
[Nakamoto Completes Acquisition of BTC Inc and UTXO for Approximately $81.63 Million]
According to Businesswire, Nasdaq-listed Bitcoin treasury company Nakamoto announced that it has completed the previously disclosed acquisition of BTC Inc and UTXO Management GP, LLC, with all customary closing conditions satisfied. Following the completion of the transaction, the two companies have become wholly-owned subsidiaries of Nakamoto. Nakamoto stated that the company has now established a comprehensive business portfolio covering Bitcoin-native enterprises, including media and information, financial and asset management, as well as consulting and advisory services.
The transaction consideration was paid entirely in the form of Nakamoto common stock and assumed options. On a fully diluted basis, the security holders of BTC Inc and UTXO received a total of 364,795,104 shares of Nakamoto common stock, valued at approximately $81.63 million (calculated based on the closing price of $0.248 on February 19, 2026, after deducting the exercise price of the assumed options). Based on preliminary unaudited data for the 12 months ending September 30, 2025, the two companies combined (after eliminating intercompany transactions) achieved approximately $80.5 million in revenue, $34.2 million in EBITDA, and $40.1 million in net profit.
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