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Nakamoto set to acquire BTC Inc following successful audit

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.

by Estefano Gomez

1 min read

In Business

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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.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.

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