KindlyMD & Nakamoto Merge, Creating Bitcoin-Focused Healthcare Giant 'NAKA'
KindlyMD, Inc. and Nakamoto Holdings Inc. have merged, creating a new entity focused on Bitcoin treasury strategies. The combined company, trading under the ticker 'NAKA' on the Nasdaq, is set to revolutionize the crypto healthcare sector. David Bailey, founder of BTC Inc. and Nakamoto Holdings, will helm the new venture as CEO. The merger, subject to shareholder approval and customary closing conditions, brings together KindlyMD's healthcare expertise and Nakamoto's crypto prowess. Tim Pickett will continue leading KindlyMD's healthcare operations. Over 200 investors, including institutions and individuals, participated in the PIPE financing, contributing $710 million through private placement and convertible notes. The combined company's board will comprise six directors from Nakamoto and one from KindlyMD. KindlyMD's shares will continue trading as 'KDLY' until the new ticker symbol is announced. The merger, completed in August 2025, has already seen 'NAKA' as the new ticker symbol on the Nasdaq, with options trading starting September 11, 2025. Further details will be available in a Current Report on Form 8-K filed with the SEC.
Read also:
- Industrial robots in China are being installed at a faster rate than in both the United States and the European Union, as the global market for these robots faces a downturn.
- NATO's Massive Naval Drill Shows Unity Against Russian Aggression
- Undeads Games Reaches $30 Million TVL and Gears Up for MMORPG Debut
- Hyundai N affirms transition to hybrid performance-centric models, initiating with Tucson N
