David Bailey's Nakamoto has merged with KindlyMD to form a public Bitcoin treasury, raising an unprecedented $710 million. This merger aims to globalize Bitcoin investment opportunities and attract institutions worldwide.
The combined entity is positioned on Nasdaq as of May 12, 2025, highlighting Bitcoin's growing role in global finance. KindlyMD's shares surged 650% following the merger announcement, reflecting the positive market response.
This merger represents a significant step towards integrating Bitcoin into mainstream financial markets, as it packages Bitcoin into equity and debt structures, drawing attention from notable investors.
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