Bitcoin News Today: KindlyMD invests $679M in 5,743.91 BTC through Nakamoto merger proceeds

KindlyMD, a Nasdaq-listed healthcare and institutional-grade Bitcoin treasury vehicle, has made a landmark Bitcoin acquisition of $679 million, or 5,743.91 BTC, at an average price of $118,204.88 per Bitcoin. The transaction marks the company’s first major Bitcoin treasury investment since completing its merger with Nakamoto Holdings on August 9, 2025. This acquisition increases KindlyMD’s total Bitcoin holdings to 5,764.91 BTC, positioning the company as one of the largest corporate Bitcoin treasuries in the public market [1].

The purchase was funded entirely through private investment in public equity (PIPE) proceeds and aligns with KindlyMD’s long-term vision under the Nakamoto Bitcoin Treasury initiative to accumulate one million Bitcoin. CEO David Bailey stated that the move reinforces the company’s conviction in Bitcoin’s role as the ultimate reserve asset for institutions and corporations. “Our mission reflects our belief that Bitcoin will anchor the next era of global finance,” he said [2].

KindlyMD operates as a provider of integrated healthcare services while strategically integrating Nakamoto’s Bitcoin-native structure to create a diversified corporate entity. The company’s dual focus on healthcare innovation and digital asset management enables it to pursue a disciplined, long-term Bitcoin acquisition strategy. The acquisition underscores KindlyMD’s commitment to transparency and institutional-grade asset management within the growing Bitcoin ecosystem [3].

Analysts note that the purchase is in line with the broader trend of institutional adoption of Bitcoin as a reserve asset. The move highlights the increasing convergence between traditional finance and crypto markets, with more companies exploring Bitcoin as a hedge against macroeconomic uncertainties. However, the high purchase price and Bitcoin’s inherent volatility remain key considerations for investors [4].

By leveraging proceeds from its merger with Nakamoto Holdings, KindlyMD is building a scalable framework for future Bitcoin acquisitions while maintaining its core healthcare operations. The company’s approach combines corporate treasury management with digital asset strategy, potentially setting a precedent for other institutional investors considering Bitcoin as part of their asset allocations [5].

Source:

[1] https://cointelegraph.com/news/nasdaq-kindlymd-679m-bitcoin-treasury-investment

[2] https://www.stocktitan.net/news/NAKA/kindly-md-acquires-5-744-btc-to-expand-nakamoto-bitcoin-34gkuna630zy.html

[3] https://www.coindesk.com/markets/2025/08/19/kindlymd-naka-expands-bitcoin-treasury-with-usd679m-acquisition

[4] https://www.ainvest.com/news/kindlymd-679m-bitcoin-bet-strategic-hedge-speculative-gamble-2508/

[5] https://www.ainvest.com/news/crypto/