KindlyMD Buys 5,744 Bitcoin For $679 Million To Expand Nakamoto Bitcoin Treasury
Briefly

KindlyMD has acquired 5,743.91 BTC for approximately $679 million, following its merger with Nakamoto Holdings. This transaction brings its total Bitcoin holdings to 5,764.91 BTC. The purchase demonstrates KindlyMD’s strong belief in Bitcoin as a reserve asset. The acquisition was funded by proceeds from a private investment in public equity, continuing the company's disciplined Bitcoin treasury strategy. The corporate landscape for Bitcoin has quickly evolved, with more companies establishing similar acquisition vehicles amid growing recognition of Bitcoin's potential in global finance.
This acquisition reinforces our conviction in Bitcoin as the ultimate reserve asset for corporations and institutions alike, and we are committed to building the most trusted and transparent vehicle to achieve that future.
The purchase was funded using proceeds from a recently completed private investment in public equity (PIPE) financing, demonstrating the company's commitment to executing a disciplined Bitcoin treasury strategy.
Read at Bitcoin Magazine
[
|
]