David Bailey’s Nakamoto has merged with KindlyMD to establish a Bitcoin treasury vehicle that plans to accumulate 1 million Bitcoin. This merger reflects a pivotal move towards integrating Bitcoin into capital markets.
In the newly merged entity, David Bailey serves as CEO, while Tim Pickett leads healthcare operations as chief medical officer, focusing on expanding Bitcoin’s role in investments and treasury holdings.
Following the merger announcement, KindlyMD’s shares rose by 13.4%, highlighting strong market interest in Bitcoin treasury initiatives. The company aims to channel substantial financing into building its Bitcoin assets.
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