Nakamoto Inc. Completes Acquisitions of BTC Inc. and UTXO Management GP, LLC

Nakamoto Inc. (NASDAQ: NAKA) has successfully finalized its acquisitions of BTC Inc. and UTXO Management GP, LLC, as announced today. The merger agreements, which were initially disclosed earlier this month, have now been completed.

The transaction was structured entirely through the issuance of Nakamoto common stock. BTC Inc. and UTXO securityholders received a total of 364,795,104 shares of Nakamoto stock, valued at $81,632,852 based on Nakamoto’s closing price on February 19, 2026, of $0.248 per share. In a recent form 8-K filing, Nakamoto revealed that the two acquired businesses reported a combined revenue of $80.5 million, $34.2 million in EBITDA, and $40.1 million in net income for the 12-month period ending September 30, 2025.

The acquisition was carried out in accordance with Nakamoto’s call option under its Marketing Services Agreement, which had been previously approved by shareholders.

BTC Inc. is a prominent global Bitcoin media company that is responsible for producing Bitcoin Magazine, one of the most established publications covering the cryptocurrency industry. Additionally, BTC Inc. organizes The Bitcoin Conference, a series of events held worldwide, attracting over 67,000 attendees in 2025. BTC Inc. also operates Bitcoin for Corporations, a membership platform tailored for companies utilizing Bitcoin as a treasury asset.

UTXO Management GP, LLC serves as an adviser to a hedge fund specializing in Bitcoin and related investments. The firm’s team strategically allocates capital across both public and private markets within the Bitcoin ecosystem.

The integration of UTXO Management into Nakamoto expands the company’s investment and advisory capabilities significantly.

Nakamoto: A Diversified Portfolio of Bitcoin-Adjacent Companies

David Bailey, the Chairman and CEO of Nakamoto Inc., stated earlier this week that the “acquisition aligns with our strategy to operate a diverse portfolio of companies within the realms of media, asset management, and advisory services. BTC Inc. and UTXO bring recurring revenue streams and institutional expertise that support our growth trajectory.”

Brandon Green, CEO of BTC Inc., expressed excitement about the merger, emphasizing that joining Nakamoto enables them to scale their media and event platforms while expanding their audience of companies and investors in the Bitcoin space.

Tyler Evans, Chief Investment Officer of Nakamoto and UTXO, highlighted that the combination presents an opportunity to solidify Bitcoin’s position in modern capital markets and develop innovative investment strategies moving forward.

Following the completion of the acquisition, Nakamoto now operates a diverse portfolio of Bitcoin-native enterprises encompassing media, events, asset management, and advisory services. The company is poised to leverage this combined platform for future strategic initiatives, including further Bitcoin accumulation and potential acquisitions.

Bitcoin Magazine is published by BTC Inc, a subsidiary of Nakamoto Inc. (NASDAQ: NAKA)