Pray, What to Know:
- KindlyMD Inc., in a most audacious move, has procured 21 bitcoin for the princely sum of approximately $2.3 million, as part of its rather ambitious treasury strategy.
- The company, in a fit of entrepreneurial spirit, intends to merge with Nakamoto Holdings, aspiring to adopt a bitcoin accumulation strategy that mirrors the illustrious playbook of Strategy.
- This grand merger, anticipated to reach its conclusion in the third quarter of 2025, shall also include a partnership with Anchorage Digital, who will graciously provide custody and trading services. How very modern! 😏
In a most thrilling turn of events, KindlyMD (NAKA), a provider of integrated healthcare services, has decisively embarked upon its bitcoin treasury strategy. One can only imagine the excitement in the boardroom! 🎉
The acquisition of 21 bitcoin, at an average cost of $109,027, was funded by the rather clever exercise of some of the company’s outstanding warrants. A stroke of genius, if I may say so!
“Our first 1/millionth of all bitcoin, on our way to owning 1,000,000 bitcoin,” proclaimed David Bailey, the founder and CEO of Nakamoto Holdings, in a rather enthusiastic post on X. “1 Nakamoto = 1m Bitcoin,” he added, as if we needed further clarification. 😂
On this fine Tuesday, NAKA has seen a delightful increase of 3.9%. One can only hope this trend continues, lest we find ourselves in a most unfortunate predicament.
On the 12th of May, KindlyMD announced its agreement to merge with Nakamoto Holdings, with the noble aim of pursuing a bitcoin accumulation strategy that is, as previously mentioned, inspired by Strategy’s (MSTR) illustrious playbook. The combined entity has secured a staggering $710 million in financing. Quite the sum, indeed!
Furthermore, KindlyMD and Nakamoto shall join forces with the esteemed custody firm Anchorage Digital, who will provide exclusive custody and trading services post-merger, as announced on the 21st of May. How very exciting for all involved!
As we await the grand culmination of this merger in the third quarter of 2025, one cannot help but feel a sense of anticipation. Will they succeed in their lofty ambitions? Only time will tell!
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2025-05-27 20:42