{"id":28854,"date":"2025-05-27T17:19:34","date_gmt":"2025-05-27T17:19:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28854"},"modified":"2025-05-27T17:19:34","modified_gmt":"2025-05-27T17:19:34","slug":"kindlymd-acquires-21-bitcoin-ahead-of-merger-with-nakamoto","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28854","title":{"rendered":"KindlyMD Acquires 21 Bitcoin Ahead of Merger with Nakamoto"},"content":{"rendered":"<div>\n<p>KindlyMD (NAKA), an integrated healthcare services provider, has pulled the trigger on its bitcoin BTC treasury strategy.<\/p>\n<p>The acquired 21 bitcoin for roughly $2.3 million at an average cost of $109,027, according to a Tuesday <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250526598476\/en\/KindlyMD-Makes-Initial-Purchase-of-21-Bitcoin-as-Part-of-its-Treasury-Strategy\">press release<\/a>. The purchase was funded by exercising some of the company\u2019s outstanding warrants.<\/p>\n<p>\u201cOur first 1\/millionth of all bitcoin, on our way to owning 1,000,000 bitcoin,\u201d David Bailey, founder and CEO of Nakamoto Holdings, <a href=\"https:\/\/x.com\/DavidFBailey\/status\/1927378034291532185\">posted<\/a> on X. \u201c1 Nakamoto = 1m Bitcoin,\u201d he added.<\/p>\n<p>NAKA is higher by 3.9% on Tuesday.<\/p>\n<p>KindlyMD announced on May 12 that <a href=\"https:\/\/www.coindesk.com\/business\/2025\/05\/12\/david-bailey-s-nakamoto-holdings-going-public-via-merger-with-kindlymd-shares-soar-650\">it had agreed to merge <\/a>with Nakamoto Holdings in order to pursue a bitcoin accumulation strategy mirrored after Strategy\u2019s (MSTR) playbook. The combined entity secured $710 million in financing.<\/p>\n<p>KindlyMD and Nakamoto will also partner up with custody firm Anchorage Digital to provide exclusive custody and trading services to the company post-merger, KindlyMD announced on May 21.<\/p>\n<p>The merger is expected to close in the third quarter of 2025.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>KindlyMD (NAKA), an integrated healthcare services provider, has pulled the trigger on its bitcoin BTC treasury strategy. The acquired 21 bitcoin for roughly $2.3 million at an average cost of $109,027, according to a Tuesday press release. The purchase was funded by exercising some of the company\u2019s outstanding warrants. \u201cOur first 1\/millionth of all bitcoin, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-28854","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28854"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28854\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}