Why Did Kindly MD Soar 33.04%? Bitcoin Merger Approval

Before the BellWednesday, May 21, 2025 8:04 am ET
1min read

On May 21, 2025, Kindly MD's stock surged by 33.04% in pre-market trading, marking a significant rise that has captured the attention of investors and analysts alike.

This dramatic increase can be attributed to the recent approval of a merger between

and Nakamoto Holdings. On May 18, 2025, shareholders of Kindly MD gave their consent to the merger, which is expected to be finalized in the third quarter of 2025. This merger is part of a broader strategy by Kindly MD to establish a Bitcoin treasury, leveraging Nakamoto's expertise in Bitcoin investments.

David Bailey, the founder of Nakamoto Holdings, has been a prominent figure in the Bitcoin community and has been instrumental in driving this merger. The merger is expected to create a significant Bitcoin treasury, positioning Kindly MD as a leader in the healthcare sector with a strong focus on digital assets.

This merger not only represents a strategic move for Kindly MD but also highlights the growing trend of companies integrating Bitcoin into their financial strategies. The approval of the merger has generated considerable excitement among investors, who see this as a potential game-changer in the healthcare and technology sectors.