Kindly MD Soars 13.93% on Bitcoin Merger Approval

Generated by AI AgentAinvest Movers Radar
Wednesday, May 21, 2025 7:53 am ET1min read

On May 21, 2025, Kindly MD's stock surged by 13.93% in pre-market trading, driven by significant developments in the company's strategic direction.

Kindly MD's shareholders have given their approval for a merger with Nakamoto Holdings, a Bitcoin-native holding company. This merger, which was approved through a majority written consent on May 18, 2025, is expected to close in the third quarter of 2025. The merger aims to establish a Bitcoin treasury, positioning

as a leader in the integration of cryptocurrency with traditional healthcare services.

The merger agreement involves Nakamoto Holdings acquiring Kindly MD in a reverse merger transaction valued at $24.9 million. This strategic move is part of a broader trend in the healthcare industry, where companies are increasingly exploring the potential of cryptocurrency to enhance their financial strategies and operational efficiencies.

David Bailey, the founder of Nakamoto Holdings, has been a prominent figure in the Bitcoin community and has advised former President Donald Trump on cryptocurrency matters. His involvement in the merger adds a layer of credibility and strategic vision to the deal, further boosting investor confidence in Kindly MD's future prospects.

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