KindlyMD, Inc. has announced securing a new private equity investment of $51.5 million to enhance its Bitcoin-focused strategy. A merger with Nakamoto Holdings Inc. is also on the horizon.
New Funding and Merger Process
So far, KindlyMD has raised approximately $563 million in PIPE (Private Investment in Public Equity) funding. Including convertible notes, this amount reaches $763 million. The latest investment was completed at a valuation of $5 per share and was finalized in less than 72 hours. The company plans to use the funds for both Bitcoin purchases and working capital needs.
Investments and Strategic Goals
Company officials emphasized that the funds will not only be used for acquiring Bitcoin but also for operational activities. This new investment will close concurrently with the merger between KindlyMD and Nakamoto Holdings, which is expected to be completed in the third quarter of 2025, concluding with the review by the U.S. Securities and Exchange Commission (SEC) and shareholder notification.
KindlyMD's Operational Sphere and Market Position
KindlyMD provides personalized treatment and data-driven services in alternative medicine, focusing particularly on reducing opioid use while utilizing health insurance programs. This approach offers KindlyMD a unique position in both the healthcare and financial sectors. Nakamoto Holdings is pioneering Bitcoin-based financial structures. Once the merger is completed, Bitcoin will become a significant part of KindlyMD’s corporate balance sheet.
The funding and merger steps between KindlyMD and Nakamoto Holdings indicate the growing importance of digital assets at an institutional level, showcasing how corporate structures can implement innovative initiatives.
