Techub News Announcement: Bitcoin Treasury Company Nakamoto announced that it has completed the previously disclosed acquisition of BTC Inc and UTXO Management GP, LLC, with all customary closing conditions satisfied. Upon completion of the transaction, both companies became wholly owned subsidiaries of Nakamoto.
The total transaction consideration was paid entirely in Nakamoto common stock and rollover options. On a fully diluted basis, the security holders of BTC Inc and UTXO received a total of 364,795,104 shares of Nakamoto common stock, valued at $81,632,852 (net of the total exercise price of the options).
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Techub News Announcement: Bitcoin Treasury Company Nakamoto announced that it has completed the previously disclosed acquisition of BTC Inc and UTXO Management GP, LLC, with all customary closing conditions satisfied. Upon completion of the transaction, both companies became wholly owned subsidiaries of Nakamoto.
The total transaction consideration was paid entirely in Nakamoto common stock and rollover options. On a fully diluted basis, the security holders of BTC Inc and UTXO received a total of 364,795,104 shares of Nakamoto common stock, valued at $81,632,852 (net of the total exercise price of the options).