Bitcoin Adoption Soars as Institutional Investors Pile In: Strategy Doubles Down on Holdings, Nakamoto Enters the Market

Institutional interest in Bitcoin is booming. Two significant developments this week highlight the asset’s increasing role on corporate balance sheets. Michael Saylor, CEO of Strategy, a major proponent of Bitcoin, just added another $1.34 billion to his company’s holdings, pushing their total Bitcoin assets past 568,000 BTC. Meanwhile, healthcare firm KindlyMD merged with Nakamoto Holdings, led by former Trump advisor David Bailey, forming a Bitcoin-focused treasury firm backed by $710 million in funding.