Bitcoin-only online poker room Satoshi Poker has been acquired by BurnTurn Poker.
The sale went through an auction held on the BitcoinTalk.org forums. The final purchase price is unknown.
Under the terms of the deal, BurnTurn Poker will “leverage all of Satoshi Poker’s technology and intellectual property” as it prepares to launch out of stealth mode later this year, George Lewis of BurnTurn Poker said in a statement.
Plans for a Bitcoin-only poker room are in place for the fourth quarter of 2014.
“Satoshi Poker’s early leadership with both its technology and community development efforts gives us an head start as we prepare to launch a new type of online poker experience,” added CEO Ragnar Del Torres.
The company is promising to release further details about the launch in upcoming months.
“We are committed to marrying their knowledge and technical skills with our vision to deliver a Bitcoin Poker experience that enthusiasts can enjoy and trust,” Del Torres added.
Approximately one year ago, Bitcoin casino site SatoshiDice was sold for $11.5 million.
