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 Β£12 million.
- The non-binding transaction includes Β£3 million cash, approximately Β£4 million in shares, and performance-linked payments.
- Operating cash flow is intended to support STAKβs Bitcoin strategy.
- The reverse takeover remains subject to due diligence, definitive agreements, and regulatory approvals.