KindlyMD shareholders have given the green light to a merger with Nakamoto Holdings, a Bitcoin company founded by David Bailey, a crypto adviser to US President Donald Trump. The two entities will submit information statements to the Securities and Exchange Commission, with the merger expected to be finalized in the third quarter of 2025. KindlyMD's stock closed 9% higher on May 20 and surged an additional 4.8% post-announcement. The merged company plans to develop various Bitcoin-related ventures using equity, debt, and other means. Public companies like Strive and Strategy have been actively investing in Bitcoin, with the former looking to acquire 75,000 BTC at a discounted rate. Tether, a stablecoin issuer, recently purchased $459 million worth of Bitcoin for Twenty One Capital, a Bitcoin investment firm awaiting a SPAC merger with Cantor Equity Partners. Read more AI-generated news on: https://app.chaingpt.org/news

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