Nakamoto Inc. (NASDAQ: NAKA) announced today that it has entered into merger agreements to acquire BTC Inc, the leading provider of Bitcoin-related media and events, and UTXO Management GP, LLC (“UTXO”), an investment firm focused on private and public Bitcoin companies (collectively, the “Transaction”).

The Transaction is expected to close in the first quarter this year, subject to customary closing conditions, and will be financed entirely with Nakamoto common stock in accordance with Nakamoto’s call option under the Marketing Services Agreement (the “MSA”), using a price of $1.12 per share. The Company’s option to acquire BTC Inc and UTXO, through BTC Inc’s…

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