$BTC $ETH $XRP #botcoinnews Satoshi’s $760 Million Bitcoin Purchase in the Works

A major new buyer is set to enter the market: Nakamoto Holdings Incorporated, a Bitcoin-based holding company, is nearing completion of its long-anticipated merger.

The merger is with healthcare services provider KindlyMD, after which Nakamoto will have the opportunity to invest over $760 million in Bitcoin.

Both companies have announced the final stage of the merger by submitting a definitive information statement to the U.S. Securities and Exchange Commission.

Nakamoto founder and CEO David Bailey said the move will accelerate their mission to acquire one million Bitcoins. KindlyMD founder and CEO Tim Pickett also called it a historic opportunity for shareholders, one that will enhance Bitcoin’s role in public companies’ treasury management.

Earlier this year, KindlyMD made its first step in this strategy by purchasing 21 Bitcoins. Nakamoto has expressed that with its unique approach, it aims to be among the largest Bitcoin holders in the world.

To strengthen its leadership, the company has appointed Amanda Fabiano as Chief Operating Officer, bringing extensive experience from the mining and financial sectors.

Once completed, the merger will allow Nakamoto to invest over $760 million in the market — a move expected to have a significant impact on Bitcoin’s price. This development is anticipated to further elevate Bitcoin’s global importance, potentially making it the most valuable asset in human history.