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Key Takeaways KindlyMD acquired 5,744 Bitcoin worth approximately $679 million through its subsidiary Nakamoto Holdings. The purchase is part of KindlyMD’s strategy to accumulate one million Bitcoin as a corporate reserve asset. Share this article KindlyMD, led by President Donald Trump’s Bitcoin advisor David Bailey, announced Tuesday it had spent approximately $679 million to accumulate … Read more
Utah-based telehealth provider KindlyMD is now channeling millions into Bitcoin via its expected merger with Nakamoto. The latest $51.5 million PIPE round proves investors are all-in on the crypto pivot, even as skeptics question the long-term play. KindlyMD and Nakamoto Holdings, the Bitcoin (BTC)-focused investment firm founded by David Bailey, announced on June 20 that … Read more
KindlyMD, an integrated healthcare services provider, has announced the purchase of 21 Bitcoin ahead of its merger with Nakamoto Holdings, a company focused on the acquisition and holding of Bitcoin. KindlyMD’s move to buy 21 Bitcoin (BTC) comes a few weeks after David Bailey, the chief executive officer of BTC Inc., and crypto advisor of … Read more
KindlyMD shareholders have approved a merger with Bitcoin holding firm Nakamoto Holdings, paving the way for the creation of a publicly traded Bitcoin-focused conglomerate. According to a May 20 announcement from the U.S.-based healthcare services provider, both companies will now file information statements with the Securities and Exchange Commission. The merger is expected to close … Read more
People walk past an advertisement feature Donald Trump with Bitcoin in Hong Kong. May James | Lightrocket | Getty Images Shares of KindlyMD skyrocketed 600% Monday after the healthcare company announced a merger with Nakamoto Holdings, a bitcoin investment company founded by David Bailey, a key cryptocurrency advisor to President Donald Trump. The newly formed … Read more
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