STAK is now trading 12.28% up in after-hours trading at $1.28 after announcing proposed terms to acquire profitable precious-metals dealer Direct Bullion for up to £12 million.
- The non-binding transaction includes £3 million cash, approximately £4 million in shares, and performance-linked payments.
- Operating cash flow is intended to support STAK’s Bitcoin strategy.
- The reverse takeover remains subject to due diligence, definitive agreements, and regulatory approvals.