Acquisition And ExpansionThe pending acquisition of BTC Inc. is expected to add meaningful scale to NAKA’s operating businesses and provide a well-established media platform focused on digital assets.
Bitcoin Accumulation StrategyNAKA is a unique combination of a Bitcoin treasury strategy and a digital asset media business, planning to aggressively accumulate Bitcoin.
Market Positioning And ValuationThe company's compelling valuation and 12-month price target of $8.00 is based on a sum-of-the-parts analysis, applying a 7x multiple to revenue, adding the expected future value of accumulated Bitcoin, and deducting net debt.