Acquiring Company
Stack BTC
Acquired Company
Direct Bullion
Description
Stack BTC has agreed to acquire Direct Bullion in a deal worth £12 million. The acquisition involves a combination of cash, new equity, and potential earn-out incentives based on Direct Bullion's performance. This move represents a reverse takeover strategy for Stack BTC as it seeks to expand its operations in the gold industry.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Direct Bullion?
Direct Bullion was acquired by Stack BTC, based in Leeds. The deal was reported on September 15, 2026. Stack BTC is a listed bitcoin firm focusing on acquiring profitable businesses. It aims to increase its Bitcoin holdings while ensuring liquidity. Stack BTC is privately held and operates in Financial Services.
When did Stack BTC acquire Direct Bullion?
Stack BTC's acquisition of Direct Bullion was reported on September 15, 2026. Stack BTC has agreed to acquire Direct Bullion in a deal worth £12 million. The acquisition involves a combination of cash, new equity, and potential earn-out incentives based on Direct Bullion's performance. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Direct Bullion do?
Direct Bullion is a precious metals group that sells gold coins and bars. The firm has shown significant growth, making it to the Financial Times FT 1000 list. It pays high-profile individuals for promotional work. It is privately held, operating in Precious Metals, and is based in Leeds.
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