Stack BTC, a company focused on accumulating Bitcoin, aims to acquire Direct Bullion, a London-based gold dealer, for up to £12 million ($16 million). The acquisition will use £3 million cash, £4 million in new shares locked for four years, and up to £5 million in earn-outs tied to performance. This deal would provide Stack BTC with a steady cash flow from Direct Bullion's £52.1 million annual revenue and £2.15 million profit, accelerating Bitcoin purchases. The acquisition involves related-party complexities as a Stack director controls Direct Bullion, requiring extra regulatory scrutiny.
Stack BTC's planned acquisition of a gold dealer for $16 million provides context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Sep 15, 2026 16:31 WIB: out of 50 major cryptocurrencies, 17 rose and 32 fell today. Notably, XTZ (Tezos) dropped 6.41% to Rp4.626 with a typical hold time of 100 days and a 57% sell order activity, contrasting with UNI (Uniswap) which gained 4.77% to Rp116.254 and had balanced buy-sell orders at 50% each.
Sika AG posted a 4.8% sales increase in local currencies for the first nine months of 2026, reaching CHF 8.71 billion despite currency headwinds. The company saw organic growth of 3.5% and improved material margins to 55.4%, with EBITDA rising 1.9% t...
Sika reported a 4.8% sales increase in local currencies for the first nine months of 2026, reaching CHF 8.71 billion despite a negative currency effect. The company improved its material margin to 55.4% and maintained an EBITDA margin of 19.2%, with ...
Aduro Clean Technologies announced its participation in five major industry and investor conferences from October to December 2026. The company will showcase progress in its Hydrochemolytic™ technology for recycling plastics and upgrading crude oils,...
Aduro Clean Technologies announced it will participate in five conferences between October and December 2026, engaging with industry professionals and institutional investors. Key topics include updates on their Hydrochemolytic™ technology for recycl...
On October 22, U.S. Bitcoin ETFs experienced a net inflow of 5,776 BTC, indicating increased investor interest in Bitcoin. In contrast, Ether ETFs recorded net outflows of 4,422 ETH, showing a decline in investor holdings for Ether on the same day. O...
