KindlyMD Invests $679 Million in Bitcoin After Merger, Eyes One Million BTC Treasury

Healthcare facility KindlyMD made a significant investment of $679 million into Bitcoin following its merger. The company acquired 5,743.91 BTC through its wholly owned subsidiary, Nakamoto Holdings Inc., at an average price of $118,204.88 per coin. This purchase follows the completion of the merger in late July and is funded by proceeds from a private investment in public equity (PIPE) and debt financing. 1.5 million BTC will be held for future use as part of their Bitcoin treasury strategy