KindlyMD Buys 5,744 Bitcoin For $679 Million To Expand Nakamoto Bitcoin Treasury
KindlyMD has made its first important Bitcoin acquisition since finishing its merger with Nakamoto Holdings, purchasing 5,743.91 BTC for about $679 million as a part of its bold plan to build up a million Bitcoin.
The healthcare companies supplier, which not too long ago transformed into an institutional-grade Bitcoin treasury automobile, executed the acquisition at a weighted common worth of $118,204.88 per Bitcoin. The acquisition brings the corporate’s complete holdings to five,764.91 BTC, establishing KindlyMD as a major participant within the rising company Bitcoin treasury area.
“This acquisition reinforces our conviction in Bitcoin as the final word reserve asset for firms and establishments alike,” said David Bailey, Chief Govt Officer and Chairman of the Firm. “Our long-term mission of accumulating a million Bitcoin displays our perception that Bitcoin will anchor the following period of world finance, and we’re dedicated to constructing probably the most trusted and clear automobile to attain that future.”
The acquisition was funded utilizing proceeds from a not too long ago accomplished personal funding in public fairness (PIPE) financing, demonstrating the corporate’s dedication to executing a disciplined Bitcoin treasury technique. The transfer follows KindlyMD’s profitable completion of a $200 million convertible note offering on August 15, with proceeds particularly earmarked for extra Bitcoin purchases.
The transaction marks a major milestone in KindlyMD’s evolution following its August 2025 merger with Nakamoto Holdings, which created a singular entity combining healthcare experience with Bitcoin treasury administration. The merger positioned the corporate to pursue its bold Bitcoin acquisition technique.
The company Bitcoin treasury panorama has developed quickly in 2025, with a number of main firms establishing devoted Bitcoin acquisition automobiles. This pattern has accelerated as conventional monetary establishments more and more recognise Bitcoin as a official treasury asset, resulting in extra refined monetary devices and funding automobiles designed particularly for company Bitcoin publicity.
Disclosure: Nakamoto is in partnership with Bitcoin Journal’s dad or mum firm BTC Inc to construct the primary world community of Bitcoin treasury firms, the place BTC Inc gives sure advertising and marketing companies to Nakamoto. Extra info on this may be discovered here.
This publish KindlyMD Buys 5,744 Bitcoin For $679 Million To Expand Nakamoto Bitcoin Treasury first appeared on Bitcoin Magazine and is written by Vivek Sen.
