Bitcoin costs exceeded $122,286 at the moment as massive new consumers strategy the market. All eyes are at Nakamoto Holdings Inc., a Bitcoin native holding firm that completes a long-term merger with healthcare supplier KindlyMD (NASDAQ: NAKA). As soon as the merger is full, Nakamoto will likely be cleared to start buying Bitcoin with greater than $760 million in capital.
The corporate confirmed it had filed a definitive data assertion with the U.S. Securities and Change Fee on July 22, marking its last step earlier than closing. “Submitting a definitive data assertion is a major milestone for this merger and accelerates our mission to win 1 million Bitcoin,” mentioned David Bailey, founder and CEO of Nakamoto. “We’re extraordinarily happy with Nakamoto and our staff’s collaboration at KindlyMD to carry them one step nearer to closing the merger.”
Since becoming a member of Bitcoin, I’ve all the time had this dream of shopping for $1 billion in Bitcoin with a single bid. Tomorrow, that dream will come true.
You must begin dreaming larger
– David Bailey
$1.0mm/BTC is the ground (@davidfbailey) on August 11, 2025
“We’re proud to have the ability to attain this essential milestone along with Nakamoto,” added Tim Pickett, founder and CEO of KindlyMD. “Our shareholders now have the chance to be a part of a groundbreaking change in the way in which public corporations strategy monetary administration.
As soon as confirmed, the merger will permit Nakamoto to actively pursue a Bitcoin acquisition technique. The corporate made its first transfer earlier this 12 months when KindlyMD bought 21 btc for $2.3 million. “The enduring quantity for beginning the $naka mission,” Nakamoto posted on X. Pickett.
“We now have a singular technique for Nakamoto. Once we see it working, we see why we grow to be one of many high Bitcoin holders on this planet,” Bailey mentioned at the moment. “We’re constructing a Bitcoin Juggernaut.”
To additional strengthen its management, Nakamoto introduced final week that it had appointed Amanda Fabiano as Chief Working Officer. Fabiano, former mining supervisor at Galaxy Digital and director of Bitcoin Mining at Constancy Investments, brings greater than a decade of expertise to this position. “We’re excited so as to add Amanda to the Nakamoto staff,” Bailey mentioned. “A monitor file of implementation constructing and driving institutional infrastructure throughout complicated organizations gives fast worth.”
Fabiano mentioned, “I sit up for becoming a member of Nakamoto at such a vital time in its development. Nakamoto is popping daring concepts into real-world influences and pushing ahead the frontier of institutional Bitcoin adoption.”
With the merger deadline more likely to be imminent, contributors within the Bitcoin market are attracting consideration as Nakamoto prepares to roll out greater than $760 million to BTC.
Bitcoin is probably the most helpful asset in human historical past.
– David Bailey
Disclosure: Nakamoto is working with BTC Inc, the father or mother firm of Bitcoin Journal, to construct the primary international community of Bitcoin Treasury Firms, the place BTC Inc gives particular advertising and marketing companies to Nakamoto. Extra particulars about this may be discovered right here.
The put up has skyrocketed over $120,000 and over $120K as Nakamoto first appeared after the merger after the acquisition of $760 million in BTC, and was written by Nik.
