Nakamoto Holdings Secures $51.5 Million to Expand Bitcoin Treasury Strategy
Nakamoto Holdings, founded by David Bailey, has raised $51.5 million through private placement to enhance its Bitcoin Treasury strategy. The funds were secured in under 72 hours, reflecting strong investor interest.
- Proceeds will support Bitcoin acquisitions, working capital, and corporate needs.
- The financing is part of a merger with KindlyMD, which is set to close with the PIPE financing.
- The merger was approved by KindlyMD shareholders and aims for completion by Q3 2025.
- 27 organizations have added Bitcoin to their treasuries recently, indicating growing institutional interest.
Nakamoto Holdings plans to leverage Bitcoin as a reserve asset, similar to other corporations, amidst increasing clarity in crypto regulations.