KindlyMD, Inc. (NASDAQ:NAKA) has announced the acquisition of 5,743.91 bitcoin through its subsidiary Nakamoto Holdings, marking its first major purchase since completing the merger with Nakamoto.
This brings the company’s total bitcoin reserves to 5,764.91 BTC.
Details of the acquisition
The bitcoin was acquired at a weighted average price of $118,204.88 per coin, amounting to a total investment of approximately $679 million.
The purchase was funded through PIPE proceeds, highlighting the company’s commitment to a disciplined bitcoin treasury strategy.
Company strategy and mission
David Bailey, CEO and Chairman of KindlyMD, emphasized the company’s focus on bitcoin as a corporate reserve asset. Bailey stated:
This acquisition reinforces our conviction in Bitcoin as the ultimate reserve asset for corporations and institutions alike. Our long-term mission of accumulating one million Bitcoin reflects our belief that Bitcoin will anchor the next era of global finance, and we are committed to building the most trusted and transparent vehicle to achieve that future.
About KindlyMD and Nakamoto
KindlyMD is a healthcare company integrating primary care, pain management, and behavioral health.
In August 2025, it merged with Nakamoto Holdings, a bitcoin-native holding company, forming a publicly traded entity focused on both healthcare and bitcoin treasury management.
This strategic union aims to leverage KindlyMD’s healthcare expertise with Nakamoto’s vision for integrating bitcoin into global capital markets.
