Bitcoin Magazine Raises $710 Million to Build a Dedicated Bitcoin Treasury

Bitcoin Magazine CEO David Bailey and his company Nakamoto have secured a groundbreaking $710 million funding round. This funding, combined with the strategic merger with KindlyMD, will establish a dedicated Bitcoin treasury for long-term investment in the cryptocurrency’s future. The move signifies a new level of institutional confidence in Bitcoin as a potential store of value. The newly formed entity aims to leverage this treasury by accumulating and managing Bitcoin like other major institutions. 2025 Watchlist: BlockDAG, Solana, Render & XRP Shine as the Most Promising Crypto Projects.