KindlyMD Acquires 5,743.91 BTC for $679 Million
KindlyMD, Inc. (NAKA) acquired 5,743.91 BTC through its subsidiary Nakamoto Holdings, increasing total holdings to 5,764.91 BTC.
- Purchase made at a weighted average price of $118,204.88
- Transaction valued at $679 million, funded by PIPE proceeds
- CEO David Bailey emphasized Bitcoin's role as a reserve asset for corporations
- Company aims to accumulate one million Bitcoin
- NAKA shares rose 4% in pre-market trading to $12.50