KindlyMD Goes Big on Bitcoin, Snags 21 BTC Before Mega Merger with Nakamoto Holdings

Hang onto your hats, crypto fans! KindlyMD, the healthcare powerhouse, just threw down $2.3 million to grab 21 shiny Bitcoins. Why? They're prepping for a blockbuster merger with Nakamoto Holdings, the Bitcoin-obsessed outfit started by none other than David Bailey, CEO of BTC Inc. and crypto whisperer to the President himself!

This bold move comes hot on the heels of Bailey's announcement of Nakamoto Holdings, a nod to Bitcoin's mysterious creator, Satoshi Nakamoto. And guess what? KindlyMD is all in, dreaming big of becoming the next big thing in the Bitcoin strategy game.

KindlyMD isn't just playing around. They snapped up those 21 BTC at a cool average of $109,027 each. That's right, they used $8.7 million from recent warrant exercises to make this happen. And Bailey? He's stoked, saying, "KindlyMD chose 21 BTC, which is one millionth of the total supply of bitcoin, as a symbolic first step on our journey to be the leading Bitcoin treasury strategy. There are many more milestones ahead and we can’t wait to continue to execute our roadmap with KindlyMD."

Oh, and did I mention? Bailey's been on a roll, raising a whopping $300 million in equity and convertible debt earlier this year to get Nakamoto Holdings off the ground.

On May 21, KindlyMD's shareholders gave the merger a resounding thumbs-up. And it's not just them; Anchorage Digital, the heavy-duty crypto custody platform, is in on the action too, showing everyone they mean business about speeding up corporate Bitcoin adoption.

Tim Pickett, the big boss at KindlyMD, had this to say: "This strategic purchase was possible after significant warrant redemption, which we believe reflects our investor’s support of the merger and in our confidence of Bitcoin as a store of value. We look forward to working diligently towards the closing of our merger with Nakamoto to further accelerate our Bitcoin treasury strategy."

So, buckle up! KindlyMD and Nakamoto Holdings are set to seal the deal later this year, and the crypto world is buzzing with excitement!