Nakamoto CEO David Bailey will fulfill his long-held dream by acquiring bitcoins worth $762.5 million. The funds were obtained through a merger with the medical firm KindlyMD, which sparked controversy among shareholders but provided capital for this ambitious deal. The purchase will elevate Nakamoto to the 14th position among publicly traded companies with the largest investments in $BTC , surpassing China's Next Technology Holding with $693 million.
Bailey, known as the crypto advisor to U.S. President Donald Trump, plans to document the transaction on video, emphasizing its historical significance. The use of a VWAP strategy will minimize market impact. This news coincides with a surge in interest in bitcoin, whose price recently surpassed $120,000, fueling speculation about a new rally.
Experts believe that such a move could stimulate institutional investments in cryptocurrencies, although some skeptics point to the risks of volatility and regulatory restrictions. The purchase reflects the trend of companies turning into 'bitcoin treasuries,' following the example of MicroStrategy. For Bailey, this is not just a financial operation, but a symbol of faith in the future of decentralized technologies.
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