---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-008131"
form_type: "8-K"
ticker: "NAKA"
cik: "0001946573"
company_name: "Nakamoto Inc."
filed_at: "2026-02-26T23:59:59+00:00"
generated_at: "2026-05-15T23:49:20.033812+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nakamoto completes acquisitions of BTC Inc and UTXO Management for ~$81.6M in stock

## Summary
- BTC Inc and UTXO now wholly owned; combined 12-month revenue $80.5M, EBITDA $34.2M, net income $40.1M (preliminary).
- BTC Inc generated $65.3M revenue, $20.6M EBITDA, $26.5M net income; organizer of The Bitcoin Conference (67K attendees in 2025).
- UTXO generated $18.2M revenue, $13.6M EBITDA, $13.6M net income; adviser to 210k Capital hedge fund.
- Consideration: 364.8M shares of Nakamoto common stock + assumed options; net value ~$81.6M based on $0.248 closing price.
- Post-closing shares: 683.5M basic, 890.1M fully diluted; certain holders subject to 6-12 month lock-ups.

## SEC filing metadata
- accession: 0001493152-26-008131
- form_type: 8-K
- ticker: NAKA
- cik: 0001946573
- company_name: Nakamoto Inc.
- filed_at: 2026-02-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1946573/000149315226008131/0001493152-26-008131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1946573/000149315226008131/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-008131
- JSON: https://secwatch.observer/filing/0001493152-26-008131.json
- Plain text: https://secwatch.observer/filing/0001493152-26-008131.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.