Nakamoto set to acquire BTC Inc following successful audit
Nakamoto’s board may exercise its option to acquire BTC Inc after the audit, marking a significant consolidation under chairman David Bailey.
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Updated 1:24 p.m. ET
Nakamoto, chaired by David Bailey, is positioned to acquire BTC Inc once its audit is complete, with the deal structured as an all-stock transaction.
The Nakamoto board can exercise its option to acquire BTC Inc once the audit process concludes. The acquisition would be executed through an all-stock transaction structure, according to information released today.