Nakamoto Inc. (NASDAQ: NAKA), BTC Inc., a US-based publicly traded technology and asset management company, conducts Bitcoin-focused activities. announced that it has acquired the entirety of UTXO Management GP, LLC. The purchase is made entirely by Nakamoto Inc. It was carried out in the shares of BTC Inc. A total of 364 million 795 thousand 104 shares were given to UTXO shareholders. The market value of these shares was calculated as 81 million 632 thousand 852 dollars based on the closing price of February 19, 2026.
Purchasing and Financial Statement
According to the statement made by Nakamoto Inc., BTC Inc. and UTXO Management’s combined revenues were $80.5 million for the 12-month period ending September 30 of last year. Earnings before interest, taxes and depreciation (EBITDA) were reported to be at $34.2 million and net income at $40.1 million. It was reported that the transaction was completed as a result of the exercise of the call option within the scope of the marketing services agreement that Nakamoto had previously submitted to its shareholders for approval.
Brief Information About Companies
BTC Inc. is known as an international media company that focuses on the cryptocurrency industry and includes BitcoinMagazine. The Bitcoin Conference events organized by the company brought together more than 67 thousand participants in America, Asia, Europe and the Middle East in 2025. BTC Inc. It also operates the membership-based Bitcoin for Corporations platform for Bitcoin treasury management for companies.
UTXO Management operates as an investment consultancy company focusing on Bitcoin and related assets. The company’s team allocates capital to both public and private markets within the Bitcoin ecosystem. It was stated that with the integration of UTXO into Nakamoto, the company’s investment and consultancy capacity has expanded.
Statements and Future Plans
Nakamoto Inc. CEO and Chairman of the Board David Bailey said in his statement about the merger:
BTC Inc. is in line with Nakamoto’s strategy of building a portfolio of companies that provide media, asset management and advisory services. He emphasized that UTXO will support growth plans with structures that will provide continuous income.
BTC Inc. CEO Brandon Green said,
He stated that coming under the umbrella of Nakamoto offers a new opportunity to further scale media and event platforms and reach companies and investors in the Bitcoin space.
Nakamoto and UTXO’s Investment Director Tyler Evans stated that with the merger, they will have the opportunity to strengthen the role of Bitcoin in modern capital markets and develop new investment strategies.
After the acquisition, Nakamoto Inc. began managing a large portfolio of native companies in the Bitcoin ecosystem, operating in areas such as media, events, asset management and consulting. The company also said it plans to use the combined platform for future strategic initiatives and potential new investments.
