Kindle MD Acquires 5,744 Bitcoins Worth $679$BTC #BinanceHODLerPLUME Million to Expand Treasury. Kindle MD (NAKA) has acquired 5,743.91 Bitcoin through its subsidiary, Nakamoto Holdings, bringing the company's total Bitcoin holdings to 5,764.91 Bitcoin, according to a company statement.
The healthcare services company purchased Bitcoin at a weighted average price of $118,204.88 per coin, for a total value of approximately $679 million, using the proceeds of a private equity investment (PIPE). This is the company's first Bitcoin acquisition since its merger with Nakamoto Holdings in August 2025.
"This acquisition reinforces our belief that Bitcoin is the ultimate reserve asset for businesses and institutions alike," said David Bailey, Kindle MD's CEO and chairman. The company stated that it aims to accumulate one million bitcoins in what it calls the Nakamoto Bitcoin Vault.
KindlyMD operates as a healthcare company providing primary care, pain management, behavioral health, and alternative therapies. The company completed its merger with Nakamoto Holdings, described as a Bitcoin-focused holding company, in August 2025 to create what it describes as a publicly traded Bitcoin treasury vehicle.