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KindlyMD raises 51.5 million USD to buy Bitcoin, merging with Nakamoto Holdings
The healthcare data company KindlyMD successfully raised $51.5 million through a private investment agreement with the public company (PIPE) to purchase Bitcoin, preparing to merge with Nakamoto Holdings – a company founded by CEO of BTC Inc. David Bailey.
This capital will be added to the company's Bitcoin accumulation strategy, bringing the total amount raised by Nakamoto for this purpose to 763 million USD. Bailey stated: "We are trying to buy as much Bitcoin as possible and bring exposure to Bitcoin to the global capital markets."
This trend is spreading as more than 130 listed companies have added Bitcoin to their balance sheets, following the famous strategy of Michael Saylor since 2020.