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According to PANews, Nakamoto Holdings Inc., a Bitcoin-native holding company founded by David Bailey, has announced the appointment of Tyler Evans as its Chief Investment Officer. Evans brings over a decade of experience in building Bitcoin-native financial infrastructure and has spent six years at UTXO Management, where he is a co-founder and served as Chief Investment Officer. In his new role, Evans will lead the development and execution of Nakamoto's Bitcoin reserve deployment strategy, aiming to enhance the company's balance sheet through capital market transactions and drive long-term shareholder value. He will continue to hold a leadership position at UTXO Management.

In related news from May, shareholders of KindlyMD agreed to merge with Nakamoto, a Bitcoin company associated with U.S. President Donald Trump. The merger is expected to be completed in the third quarter of this year.