David Bailey’s Nakamoto Merges with KindlyMD, Aiming for 1 Million Bitcoin

David Bailey’s company, Nakamoto, has finalized its merger with healthcare firm KindlyMD, creating a publicly-traded vehicle to manage a Bitcoin treasury of $540 million. The merged entity, operating under the ticker NAKA on the Nasdaq, plans to acquire one million Bitcoin (BTC) and will retain the KindlyMD brand. Nakamoto’s leadership role within the new company signifies their commitment to building a Bitcoin-powered financial infrastructure. 13.4% surge in KindlyMD shares after this merger announcement highlights investor interest in this Bitcoin strategy.