STAK is trading 7.89% up in after-hours trading at $1.23 after announcing a proposed acquisition of Direct Bullion for up to £12 million.
- The non-binding transaction includes £3 million cash, approximately £4 million in shares and up to £5 million in performance-linked payments.
- Direct Bullion reported £52.1 million revenue and £2.15 million profit after tax for the year ended January 2026.
- The deal supports STAK’s Bitcoin treasury strategy and remains subject to due diligence and approvals.