Nakamoto, formerly known as KindlyMD, has announced a $107.3 million all-stock acquisition of BTC Inc and UTXO Management GP. This strategic move aims to consolidate media, events, and capital allocation under a single public entity, marking a significant shift from Nakamoto's previous healthcare focus. The acquisition will see BTC Inc and UTXO shareholders receive 363,589,816 shares of Nakamoto common stock, potentially diluting existing shareholders due to the price disparity. The deal is part of Nakamoto's broader strategy to create a Bitcoin-native operating company, leveraging its substantial Bitcoin holdings of 5,398 BTC. By integrating BTC Inc's media assets, including Bitcoin Magazine and The Bitcoin Conference, with UTXO's advisory services, Nakamoto seeks to streamline decision-making and capital allocation in the Bitcoin space. The market reacted negatively to the announcement, with concerns over share dilution impacting Nakamoto's stock price.