KindlyMD Boosts Bitcoin Holdings to 5,764.91 BTC with $679M Acquisition

Tuesday, Aug 19, 2025 8:18 am ET1min read
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KindlyMD acquired 5,743.91 BTC via its subsidiary Nakamoto Holdings, increasing its total bitcoin holdings to 5,764.91 BTC. The BTC was purchased at a weighted average price of $118,204.88 per coin, totaling ~$679M. Funds came from PIPE proceeds post-merger, and NAKA shares are up 3% premarket on Tuesday.

KindlyMD, Inc. (NASDAQ:NAKA), a healthcare and Bitcoin-focused company, has announced a significant acquisition of Bitcoin through its subsidiary Nakamoto Holdings, Inc. The company acquired 5,743.91 BTC, increasing its total Bitcoin holdings to 5,764.91 BTC [1]. The acquisition was funded through PIPE (Private Investment in Public Equity) proceeds post-merger, and the BTC was purchased at a weighted average price of $118,204.88 per coin, totaling approximately $679 million [1].

This acquisition is a strategic move for KindlyMD, aligning with its long-term goal of accumulating one million Bitcoin under the Nakamoto Bitcoin Treasury initiative. The company aims to position Bitcoin as the premier reserve asset for institutional investors [1].

The acquisition comes on the heels of KindlyMD's merger with Nakamoto Holdings, Inc., which was completed in August 2025. The merger united KindlyMD's healthcare expertise with Nakamoto's vision of integrating Bitcoin into global capital markets, creating a diversified entity focused on both healthcare innovation and Bitcoin treasury management [1].

In response to the acquisition, NAKA shares are up 3% premarket on Tuesday, reflecting investor confidence in KindlyMD's Bitcoin strategy [1].

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

KindlyMD Boosts Bitcoin Holdings to 5,764.91 BTC with $679M Acquisition

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