KindlyMD, a company specializing in medical services, has made a significant step into the cryptocurrency world. Recently, it acquired 5,764 bitcoins ($BTC ), spending about $679 million, which elevated it to 16th place among companies with the largest Bitcoin reserves. This purchase, made through its subsidiary Nakamoto Holdings, marked the first major investment after merging with Nakamoto in August 2025. The average purchase price was $118,204 per BTC. Now, KindlyMD owns 5,764.91 BTC, highlighting its ambitious strategy of accumulating one million bitcoins under the Nakamoto Bitcoin Treasury.
This move reflects the growing trend among corporations that view Bitcoin as a reserve asset. Company leader David Bailey stated that this decision reinforces faith in Bitcoin as the foundation of the future global financial system. Despite a 13% drop in the company’s stock after the announcement, its annual gain reached 777%, indicating investor confidence.
KindlyMD competes with giants like MicroStrategy and aims to strengthen its position in the market.
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