#AltcoinSeasonLoading #Bitcoin #Binans #Trading
Earlier, on May 27, KindlyMD acquired 21 BTC for $2.3 million after merging with Nakamoto Holdings, focused on establishing a bitcoin treasury. The funds for this transaction came from a private placement of shares (PIPE) amounting to $540 million and deals from the sale of convertible bonds worth $200 million, closed in August 2025.
The CEO and Chairman of the Board of KindlyMD, David Bailey, stated that the company's management "considers the first cryptocurrency to be the foundation of a new era in global finance and sets a long-term goal to accumulate one million bitcoins."
David Bailey added that unlike traditional methods of raising capital through stock exchanges like NASDAQ or NYSE, cryptocurrency technologies allow for breaking shares into digital tokens, which reduces the entry threshold for retail investors and ensures transparency of transactions through smart contracts.
Earlier, the largest international investment company BlackRock, managing assets of the iShares Bitcoin Trust, announced the formation of a reserve of bitcoins on its balance sheet amounting to 749,354 coins, which is about 3% of the total supply of the flagship cryptocurrency.