Odaily Planet Daily reports that Bitcoin treasury company Nakamoto announced the completion of acquisitions of Bitcoin media and events company BTC Inc and investment firm UTXO Management. Both companies will become wholly owned subsidiaries. The entire transaction was paid in Nakamoto common stock and options.
According to disclosures, the security holders of BTC Inc and UTXO collectively hold a total of 364,795,104 shares of Nakamoto common stock on a fully diluted basis, with a total value of approximately $81.63 million. BTC Inc is the organizer of The Bitcoin Conference and the parent company of Bitcoin Magazine.
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