KindlyMD has made its first vital Bitcoin acquisition since finishing its merger with Nakamoto Holdings, buying 5,743.91 BTC for about $679 million as a part of its formidable plan to build up a million Bitcoin.
The healthcare companies supplier, which just lately reworked into an institutional-grade Bitcoin treasury car, executed the acquisition at a weighted common value of $118,204.88 per Bitcoin. The acquisition brings the corporate’s complete holdings to five,764.91 BTC, establishing KindlyMD as a major participant within the rising company Bitcoin treasury area.
“This acquisition reinforces our conviction in Bitcoin as the last word reserve asset for firms and establishments alike,” stated David Bailey, Chief Govt Officer and Chairman of the Firm. “Our long-term mission of accumulating a million Bitcoin displays our perception that Bitcoin will anchor the following period of world finance, and we’re dedicated to constructing essentially the most trusted and clear car to realize that future.”
The acquisition was funded utilizing proceeds from a just lately accomplished non-public funding in public fairness (PIPE) financing, demonstrating the corporate’s dedication to executing a disciplined Bitcoin treasury technique. The transfer follows KindlyMD’s profitable completion of a $200 million convertible word providing on August 15, with proceeds particularly earmarked for extra Bitcoin purchases.
The transaction marks a major milestone in KindlyMD’s evolution following its August 2025 merger with Nakamoto Holdings, which created a novel entity combining healthcare experience with Bitcoin treasury administration. The merger positioned the corporate to pursue its formidable Bitcoin acquisition technique.
The company Bitcoin treasury panorama has developed quickly in 2025, with a number of main corporations establishing devoted Bitcoin acquisition automobiles. This pattern has accelerated as conventional monetary establishments more and more recognise Bitcoin as a reputable treasury asset, resulting in extra refined monetary devices and funding automobiles designed particularly for company Bitcoin publicity.
Disclosure: Nakamoto is in partnership with Bitcoin Journal’s mum or dad firm BTC Inc to construct the primary world community of Bitcoin treasury corporations, the place BTC Inc offers sure advertising and marketing companies to Nakamoto. Extra info on this may be discovered right here.
