Nakamoto Inc. finalizes major Bitcoin sector acquisition

Nakamoto Inc. acquired BTC Inc. and UTXO Management in an $81.6M all-stock deal, gaining $80.5M in revenue and $40.1M in net income from the acquired firms last year.

Nakamoto Inc. (NASDAQ: NAKA) has finalized the acquisition of BTC Inc. and UTXO Management GP, LLC, significantly enhancing its footprint in Bitcoin-focused technology and asset management. The transaction was completed entirely through the issuance of 364,795,104 Nakamoto shares, valued at approximately $81.6 million, based on the closing price of $0.248 on February 19, 2026. Financial statements reveal that BTC Inc. and UTXO Management collectively generated $80.5 million in revenue, $34.2 million in EBITDA, and $40.1 million in net income for the fiscal year ending September 30, 2025. The acquisition was executed under a previously approved marketing services agreement option. BTC Inc. is recognized for publishing Bitcoin Magazine and organizing The Bitcoin Conference, which attracted over 67,000 global attendees in 2025. The company also operates Bitcoin for Corporations, a membership platform for businesses managing Bitcoin treasuries. UTXO Management specializes in digital asset investment advisory services.