The two entities expect to finalize the merger on August 11, 2025, according to a joint press release published on Tuesday.
SEC Receives Merger Proposal From Nakamoto and KindlyMD
Amidst the bustling chaos of the modern world, where healthcare and cryptocurrency often seem like distant stars in the vast universe of business, KindlyMD and Nakamoto Holdings have decided to become one. In a grand gesture that would make even the most stoic investor blush, they published a press release on Tuesday, announcing the formal submission of their merger documentation to the U.S. Securities and Exchange Commission (SEC). The grand union is set to be consummated on Aug. 11, 2025, much to the delight of shareholders and tech enthusiasts alike.
The two companies, like old friends reuniting after a long separation, first announced their plans to merge earlier in the year in May, raising a staggering total of $710 million to establish a bitcoin treasury. This sum, which would be enough to fund a small country’s healthcare system, was divided into a $510 million private investment in public equity (PIPE) and $200 million in convertible notes. A veritable feast of financial ingenuity!
Leading the charge is David Bailey, CEO and co-founder of BTC Inc., the firm behind Bitcoin Magazine and the annual Bitcoin Conference. Bailey, a man whose name is synonymous with the blockchain, will helm the merged entity, assuming all goes well with the SEC. KindlyMD, while maintaining its focus on its core healthcare business, will now bask in the glow of the bitcoin yield generated by the combined company—a true marriage of health and wealth.
“Filing the definitive information statement is a critical milestone for this merger and accelerates our mission of acquiring one million bitcoin,” Bailey said, his words resonating with the passion of a poet and the precision of a banker. “I’m very proud of the teams’ collaboration at Nakamoto and KindlyMD to get us one step closer to closing the merger.” A sentiment that, one hopes, will be echoed in the halls of the SEC and beyond.
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2025-07-23 23:57