Nakamoto Holdings raises an additional $51.5 million to buy Bitcoin

The Bitcoin holding company – #NakamotoHoldings , founded by BTC Inc. CEO David Bailey, has successfully raised $51.5 million to expand its Bitcoin reserves.

The funds came from a private-investment-in-public-equity (PIPE) funding round led by Nakamoto's merger partner KindlyMD. KindlyMD, a healthcare data company, sold common stock at $5 per share to complete the deal on June 21.

David Bailey stated: “The new investment demonstrates confidence in Nakamoto's strategy: maximizing the amount of Bitcoin held, both at the parent company and future subsidiaries.” In just three days, the capital was quickly raised, bringing the total amount Nakamoto has raised for this strategy to $763 million.

The strategy of accumulating Bitcoin is becoming increasingly popular, especially as many public companies seek to diversify their reserve assets by adding BTC to their balance sheets. As of now, more than 130 listed companies are holding significant amounts of Bitcoin, led by Michael Saylor's Strategy with over 592,000 $BTC .

However, some experts also warn of risks if BTC prices fluctuate significantly, greatly impacting the financial results of these companies.