Synopsis- A Nasdaq-listed healthcare agency simply executed a shocking company U-turn. KindlyMD Inc. (KDLY) secured a large $51.5 million funding in merely 72 hours. Consequently, this fast funding fuels its dramatic shift right into a Bitcoin-focused public firm. The capital arrived through a lightning-fast PIPE transaction. Furthermore, it immediately helps KindlyMD’s pending merger with Nakamoto Holdings.
David Bailey, main Nakamoto Holdings and CEO of Bitcoin Journal’s father or mother firm, championed the deal. He referred to as investor demand “extraordinary.” Bailey acknowledged, “We’ve been blown away by the curiosity.” Moreover, he emphasised, “Closing $51.5 million in below 72 hours reveals institutional traders are able to wager huge.” Clearly, this enthusiasm alerts sturdy confidence in a Bitcoin-native future.
$51.5 Million in Three Days
KindlyMD finalised this vital PIPE (Non-public Funding in Public Fairness) in June 2025. Buyers eagerly purchased shares priced at $5 every. The corporate reported “unimaginable demand.” Certainly, they might have raised much more capital. Nonetheless, KindlyMD capped the spherical at $51.5 million. This restrict matched their exact short-term treasury deployment technique.

The transaction’s pace was outstanding. Historically, non-crypto public firms don’t remodel in a single day. But, KindlyMD achieved precisely that. Bailey actively engaged the crypto neighborhood, asserting the merger and lift on X Areas. This pivot positions KindlyMD as a sudden, main Bitcoin market participant.
KindlyMD’s Company Reinvention
Initially, KindlyMD operated Utah’s largest medical hashish clinic community. Its 4 clinics served 1,600 to 1,900 sufferers month-to-month. The agency pioneered integrating data-driven care with authorized psychedelic therapies. Its “Full Care” mannequin mixed prescriptions, remedy, and hashish. Primarily, it aimed to fight the opioid disaster.
Shareholders, nonetheless, authorized a drastic new path. Now, KindlyMD is merging with Nakamoto Holdings. Nakamoto fashioned particularly to spice up Bitcoin adoption through capital markets. Submit-merger (anticipated Q3 2025), KindlyMD will shed its healthcare identification fully. It is going to rename itself Nakamoto Holdings Inc. and commerce below the ticker “NAKA”. Concurrently, its total technique reorients round Bitcoin.
Quick Bitcoin Bets on Public Markets
PIPE financing enabled KindlyMD’s swift capital elevate. This technique lets public firms shortly safe funds from establishments. It gives larger pace and adaptability than conventional IPOs. More and more, companies use PIPEs to help daring crypto methods.
KindlyMD’s $51.5M PIPE completely illustrates this development. It closed quickly and was oversubscribed. Buyers gained fairness upside plus oblique Bitcoin publicity instantly. Regulatory hurdles nonetheless complicate crypto ETFs and tokens. Due to this fact, PIPE-funded public firms current a compelling various. They channel institutional capital immediately into Bitcoin methods.
Nakamoto’s Imaginative and prescient
Nakamoto Holdings, led by Bailey, plans a robust hybrid mannequin. It attracts inspiration from (Micro) Technique’s treasury technique however provides aggressive execution. The purpose isn’t simply accumulating Bitcoin. It goals to develop Bitcoin holdings per share. This provides fairness holders direct publicity to rising reserves.
Submit-merger, Nakamoto Holdings will deploy the capital decisively. Primarily, it’s going to buy vital quantities of Bitcoin. Moreover, it plans to construct or purchase Bitcoin-native companies. Targets embody media, fintech, and finance sectors. The corporate commits to institutional-grade custody and clear reporting. In the end, pace differentiates this formidable Bitcoin-native conglomerate.
What Comes Subsequent After the Merger
Pending profitable closure in Q3 2025, Nakamoto Holdings Inc. (NAKA) will spring into motion. Count on a swift ticker image change from KDLY to NAKA. A full company rebranding will comply with instantly. Deployment of the $51.5 million into Bitcoin purchases begins promptly. Strategic bulletins about Bitcoin-native acquisitions are anticipated quickly.
The corporate will doubtless make use of institutional custodians for its Bitcoin treasury. It additionally pledges clear reserve disclosures, mirroring business finest practices. If profitable, this pivot may set a serious precedent. It demonstrates how conventional companies quickly enter the Bitcoin financial system through capital markets. KindlyMD’s three-day funding blitz marks simply the beginning.
Written By Fazal Ul Vahab C H