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Nakamoto to Acquire David Bailey's Bitcoin Magazine Empire in $107M All-Stock Deal
David Bailey is folding his Bitcoin empire into one public vehicle.
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David Bailey is consolidating his Bitcoin empire. Nakamoto Inc. (NAKA) announced today that it will acquire BTC Inc. and UTXO Management in an all-stock deal valued at $107M, bringing Bailey's media, capital, and advisory group under one publicly traded roof.
What's the Scoop?
- NAKA Acquisition: BTC DATco Nakamoto Inc. has entered into merger agreements to acquire BTC Inc. and UTXO Management. This deal is expected to close in the first quarter of 2026, and will transfer 363M NAKA (~$107M) to BTC Inc. and UTXO shareholders.
- Investor Concerns: David Bailey is Chairman and CEO of Nakamoto Inc., Chairman of BTC Inc., and General Partner of UTXO Management. Nakamoto's brutal public markets performance (down nearly 99% from ATHs) has already irked investors, and Bailey's move which furthers his own upside may create further concerns – though the deal's all-stock nature somewhat ties Bailey's payout to NAKA's performance.
Our journey started 14 years ago when Bitcoin was only $10. Our mission was to make Bitcoin real, something we called hyperbitcoinization. Roughly a year ago we decided to take that vision to the next level with the launch of @Nakamoto.
— David Bailey🇵🇷 $2.0mm/btc is the floor (@DavidFBailey) February 17, 2026
Today, I am proud to announce that all of…