KindlyMD Merges with Nakamoto to Become Bitcoin Treasury Giant
KindlyMD, Inc. has taken a significant step towards expanding its influence in the cryptocurrency market. The company has received shareholder approval for its proposed merger with Nakamoto Holdings Inc., a move that could make KindlyMD one of the largest Bitcoin treasury companies. The merger, endorsed by David Bailey, CEO of Nakamoto Holdings, is expected to close in the third quarter of 2025.
The merger, approved by the majority of KindlyMD's shareholders on May 18, 2025, is seen as a strategic move by Tim Pickett, CEO of KindlyMD. He believes it will allow the company to leverage Bitcoin's dominance and real-world utility to strengthen its position and drive sustained long-term value for investors.
Nakamoto, under Bailey's leadership, is building a global portfolio of companies aligned around Bitcoin's core principles. The aim is to redefine capital markets infrastructure with Bitcoin at the center. KindlyMD, with its unique model of integrated, data-driven healthcare focused on reducing opioid dependence and improving outcomes through personalized treatment and alternative medicine education, brings a valuable perspective to this portfolio.
The merger, expected to close following the SEC's review and distribution of an information statement, is seen as a step towards unlocking Bitcoin's potential for KindlyMD shareholders by David Bailey. As the deal progresses, both companies will work towards integrating their operations and leveraging their respective strengths to create a powerful force in the Bitcoin treasury market.
