US-based public company Nakamoto Inc. (NASDAQ: NAKA) has announced the full acquisition of BTC Inc. and UTXO Management GP, LLC, both prominent players in the Bitcoin-centric technology and asset management sectors. The deal was completed entirely in Nakamoto Inc. stock, with 364,795,104 shares issued to BTC Inc. and UTXO shareholders. Using the closing price as of February 19, 2026, the combined value of these shares stands at $81,632,852.
Acquisition Details and Financial Snapshot
According to Nakamoto Inc., the combined revenues of BTC Inc. and UTXO Management for the 12 months ending September 30 last year totaled $80.5 million. Earnings before interest, tax, depreciation, and amortization (EBITDA) reached $34.2 million, while net profits stood at $40.1 million during the same period. The company clarified that the transaction followed the exercise of a previously approved marketing services agreement option, which had earlier been presented to Nakamoto shareholders for endorsement.
Company Profiles
BTC Inc. is recognized as an international media company focused on the cryptocurrency industry, notably publishing Bitcoin Magazine. The company’s flagship event series, The Bitcoin Conference, brought together over 67,000 participants across America, Asia, Europe, and the Middle East in 2025. BTC Inc. also operates Bitcoin for Corporations, a membership-based platform aimed at helping firms manage their Bitcoin treasury holdings.
UTXO Management operates as an investment advisory firm with a focus on Bitcoin and related digital assets. Its team allocates capital across both public and private markets within the Bitcoin ecosystem. With UTXO’s integration into Nakamoto, the company expects to significantly boost its investment and advisory capabilities.
Leadership Perspectives and Strategic Vision
Commenting on the merger, Nakamoto Inc. CEO and Chairman David Bailey emphasized the strategic alignment of the acquisition with the company’s broader ambition.
Bailey highlighted that bringing BTC Inc. and UTXO into Nakamoto fits with their strategy of building a portfolio of media, asset management, and consulting companies, and that both acquisitions are expected to generate consistent revenue streams supporting future growth plans.
BTC Inc. CEO Brandon Green also noted the new possibilities afforded by joining Nakamoto Inc.
Green pointed out that becoming part of Nakamoto opens opportunities to scale their media and events platforms while reaching more companies and stakeholders in the Bitcoin ecosystem.
Tyler Evans, Investment Director at Nakamoto and UTXO, stated that the integration creates further avenues to enhance Bitcoin’s role in modern capital markets and to develop new investment strategies.
Following the acquisition, Nakamoto Inc. now oversees a diverse portfolio comprising companies active in media, events, asset management, and consultancy within the Bitcoin industry. The company announced its intention to leverage this consolidated platform for upcoming strategic initiatives and potential new investments, further strengthening its presence in the expanding Bitcoin ecosystem.
