Milky Way Cake

8 Milky Way bars
1 cup (2 sticks) butter
2 cups granulated sugar
4 eggs
2 1/2 cups flour
1/2 teaspoon baking soda
1 1/4 cups buttermilk
1 cup nuts

Melt candy and 1 stick butter. Set aside. Cream sugar and the remaining 1 stick butter. Add eggs. Add flour and baking soda alternately with buttermilk. Add candy mixture. Bake in a tube pan at 325 degrees F for 70 minutes.