SatoshiDice is an internet gambling company which relies on the bitcoin block chain (the public ledger of all bitcoin transactions) to facilitate betting and payout. The company gained popularity quickly after its launch in April 2012 and saw approximately 4M BTC flow through its system before being acquired for 126,315 BTC by an unknown buyer on July 17, 2013. This report offers an overview of the events leading up to the acquisition and an analysis of the final valuation, including: Company Background (Page 1) Historical Performance (Page 2) Competitive Landscape (Page 3) Regulatory Risks (Page 3) Valuation Analysis (Page 4) …

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