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Nakamoto’s board may exercise its option to acquire BTC Inc after the audit, marking a significant consolidation under chairman David Bailey.
Key Takeaways
- Nakamoto plans to acquire BTC Inc following a completed and satisfactory audit.
- The acquisition will be structured as an all-stock deal, meaning Nakamoto will use its stock to buy BTC Inc instead of cash.
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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.
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