Nakamoto to acquire Bitcoin Magazine, hedge fund UTXO Management in all-stock deal

Nakamoto (NASDAQ: NAKA)signed definitive agreements Tuesday to acquire media company Bitcoin Magazine–including its international conference series, the Bitcoin Conference–and investment firm UTXO Management. The transaction consolidates media, asset management, and advisory services under one public entity. The acquisition is an all-stock transaction valued at approximately $107.3 million based on Nakamoto’s February 13 closing price of $0.2951. Under the terms, Nakamoto will issue approximately 363.6 m ...