KindlyMD and Nakamoto Merged to Form a Public Bitcoin Treasury Aiming for $1 Billion in BTC

A newly formed Nasdaq-listed company, KindlyMD, has completed its merger with David Bailey’s Bitcoin-focused firm, Nakamoto. This strategic move aims to establish one of the largest Bitcoin treasuries globally. The merged entity will retain the KindlyMD name and trade under the ticker NAKA. David Bailey will serve as chairman and CEO, while Tim Pickett, formerly of KindlyMD, will lead the healthcare division. 1 million BTC is their target, valued at over $118 billion today.