Nakamoto and KindlyMD merge to launch bitcoin treasury strategy
2025-08-14 21:43:41
Bitcoin holding company Nakamoto and Utah-based KindlyMD have formally completed the merger, and will launch a bitcoin treasury strategy under the name of KindlyMD. David Bailey, co-founder of BTC Inc., is appointed as CEO of the new company. The company plans to accumulate bitcoin through stock, debt and other financing methods. KindlyMD has raised $540 million in private equity and is expected to complete a $200 million convertible bond issuance tomorrow.
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