NASHVILLE, TN—BTC Media LLC, parent company of financial technology magazineyBitcoin and its website www.ybitcoin.com, has as of January 21, 2015 completed the purchase of Bitcoin Magazine from Coin Publishing LLC.
Bitcoin Magazine is the first publication devoted exclusively to Bitcoin, the digital currency that burst onto the international economic scene as open source software in 2009. Magazine founders Mihai Alisie and Vitalik Buterin published their first issue in May, 2012 and later joined forces with Orlando, Florida-based Coin Publishing LLC to produce 22 issues. The magazine is mailed to subscribers worldwide, sold at Barnes & Noble bookstores and published online at www.bitcoinmagazine.com.
BTC Media founders Calli S. Bailey and David F. Bailey plan to capitalize on the acquisition by increasing their company’s online news and analysis, among other benefits of the merger.
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