secwatch.observer — SEC 8-K summary
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Issuer:     Nakamoto Inc. (NAKA)
CIK:        0001946573
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001493152-26-008131
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 2.01, 3.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1946573/000149315226008131/0001493152-26-008131-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1946573/000149315226008131/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-008131

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer