Nakamoto Holdings Secures $710M Funding to Expand Bitcoin Exposure

Nakamoto Holdings has partnered with KindlyMD in a major strategic merger, securing $710 million in funding to fuel its expansion into public markets. This collaboration will increase access to Bitcoin-backed financial products for a broader audience. The combined entity aims to list Bitcoin-related instruments on major exchanges led by David Bailey, CEO of Nakamoto Holdings. The funding includes a $510 million PIPE investment and $200 million in convertible notes. This merger brings significant capital into the cryptocurrency sector and marks a pivotal step towards integrating Bitcoin into traditional finance.