NAKA Stock Pops On All-Stock Bitcoin Empire Deal At Steep Discount — But Is Retail Fully Convinced?
Nakamoto Inc. (NAKA) announced an all-stock deal to acquire BTC Inc. and UTXO Management, consolidating three Bitcoin-focused businesses. NAKA's stock rose 7.35% in overnight trading. The deal, valued at $107.3 million, is expected to close in Q1 2026. NAKA holds 5,398 BTC, valued at $365.76 million. Bitcoin's price is down 1% in 24 hours and 22% this year.