KindlyMD and Nakamoto Combine to Form $1 Billion Bitcoin Investment Firm

A merger between the bitcoin-focused firm Nakamoto, led by David Bailey, and healthcare company KindlyMD has created a publicly traded entity with ambitious Bitcoin acquisition goals. The combined company will operate under the ticker symbol NAKA on the Nasdaq exchange, aiming to acquire 1 million BTC as part of its investment strategy. David Bailey, who previously advised US President Donald Trump on Bitcoin policy, will serve as CEO and chairman. Tim Pickett, formerly of KindlyMD, joins as chief medical officer for healthcare operations. 13.4% growth in KindlyMD shares after the merger was announced.