The post Nakamoto Holdings Raises $51.5M for Bitcoin Reserve Expansion appeared on BitcoinEthereumNews.com.

Nakamoto Holdings raises $51.5M for Bitcoin treasury expansion. Funds will support BTC acquisitions and corporate operations. Total capital for the merged entity reaches $763M with notes. A total of $51.5 million has been raised by Nakamoto Holdings to support its Bitcoin treasury strategy. The financial backup, which was raised under the privately placed investment in public equity (PIPE) agreement of February 2021, was used in the strategy of the firm to purchase additional Bitcoins and expand its operations. This was signed off with an announcement of a proposed merger with KindlyMD, a Nasdaq-listed healthcare company. Most importantly, the capital raise, which was undertaken in less than 72 hours, shows a high level of confidence among investors. The majority of the funds will be spent directly on buying Bitcoin, and some part will be used as general corporate requirements. The price paid in the deal is an amount of $5 per piece of common stock of KindlyMD. Taking a bold stance, Nakamoto CEO David Bailey said. Our strategy is to maximize Bitcoins by raising capital in a strategic manner, he stated. The company’s mission is to build a robust Bitcoin reserve that can be traded openly. Merger with KindlyMD Drives Bitcoin Focus By the third quarter of 2025, KindlyMD and Nakamoto Holdings want to have merged into a Bitcoin-focused financial entity. The deal, which was accepted by the shareholders of KindlyMD in May, will make the merged firm focus on digital assets. The new company will be listed like NAKA on the Nasdaq. The newest funding round raises the cumulative capital of KindlyMD to $563 million, with a total of 763 million, including convertible notes. This makes the merged company a competitor of large companies holding and accumulating Bitcoins, such as MicroStrategy, with more than $62 billion of BTC. Nakamoto Holdings…

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Filed under: News - @ June 22, 2025 9:21 am