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$BTC Holding Company Nakamoto Secures $710M for New Treasury Through Healthcare Merger
#Trump crypto advisor David Bailey's Nakamoto Holdings is merging with KindlyMD (NASDAQ: KDLY) to create a new Bitcoin treasury.
The venture secured $710M in funding—$510M from private investors and $200M in convertible notes, marking the largest public #crypto transaction to date.
Bailey, who will serve as CEO, stated: "The securitization of Bitcoin will redraw the world's economic map."
KindlyMD will maintain its healthcare operations while joining the growing trend of $BTC treasury companies.
The announcement triggered a 300%+ surge in KindlyMD's stock as it enters the $BTC treasury space alongside Strategy and the recently announced Twenty One venture.
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