KindlyMD Secures $51.5 Million in 72 Hours for Bitcoin Strategy

KindlyMD, Inc. has successfully secured an additional $51.5 million in private placement financing, bringing its total funding to approximately $563 million in PIPE financing and $763 million including convertible notes. This significant investment is aimed at accelerating the company's Bitcoin treasury strategy as it prepares to merge with Nakamoto Holdings Inc. The funding round, priced at $5.00 per share, closed in under 72 hours, indicating strong investor interest. The proceeds from this financing will be used to purchase Bitcoin and support working capital and general operations. The merger, which received shareholder approval on May 20, is expected to close in the third quarter of 2025, pending SEC review and shareholder notification.

David Bailey, the Founder and CEO of Nakamoto, expressed his enthusiasm for the strong investor demand, stating that the additional financing was raised in under 72 hours. This funding will provide more working capital and enable the acquisition of more Bitcoin. Bailey emphasized the company's strategy to raise as much capital as possible to acquire as much Bitcoin as possible. The goal is to bring Bitcoin to the center of global capital markets within a compliant, transparent structure. Nakamoto is partnering with Anchorage Digital to implement this vision with the highest levels of security and battle-tested infrastructure, aiming to deliver sustained value to shareholders.

Tim Pickett, the CEO of KindlyMD, also expressed his excitement about achieving this important milestone in the merger process. As a combined company, KindlyMD and Nakamoto aim to leverage Bitcoin’s dominance and real-world utility to strengthen the company and drive sustained long-term value for investors. KindlyMD offers a distinct approach to healthcare, combining data-driven care with a focus on reducing opioid use through personalized treatment and education around alternative medicine. Its services are covered by Medicare, Medicaid, and private insurance.

The merger between KindlyMD and Nakamoto Holdings is a significant step towards becoming a major public Bitcoin treasury company. This milestone brings the companies one step closer to unlocking Bitcoin’s potential for shareholders. The vision is for a future in which Bitcoin is a core part of the corporate balance sheet, providing investors across global capital markets with exposure to the world’s greatest asset and store of value.

This funding and merger steps between KindlyMD and Nakamoto Holdings indicate the growing importance of digital assets at an institutional level. The positioning of Bitcoin at the center of their capital and technological infrastructure signals a new era for both investors and capital markets. Positioned at the intersection of healthcare and finance, KindlyMD showcases how corporate structures can undertake innovative initiatives through alternative financial strategies. The successful accumulation and swift completion of the funding process clearly reflect the interest and anticipation surrounding the topic.