Kindly MD completes merger with "Nakamoto" and begins Bitcoin financial strategy with 80 billion yen raised.

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## "Nakamoto" merger completed

Bitcoin (BTC) holding company Nakamoto Holdings and medical company Kindly MD officially announced the completion of their merger on the 14th. The merged company will operate under the name Kindly MD and will continue to be traded on the Nasdaq market under the ticker "NAKA." The new company aims to maximize its Bitcoin financial strategy.

David Bailey, co-founder of Bitcoin Magazine, has been appointed CEO of the new company. In a statement, he said, "Since starting my journey with Bitcoin 13 years ago, I have believed it would become the most valuable asset in human history." He expressed that the goal is to operate the global capital markets on a Bitcoin standard.

KindlyMD has raised a total of $540 million from a public offering of private investor stock (PIPE). Additionally, it is expected to complete the issuance of $200 million in convertible bonds by tomorrow. The funds raised will be used for Bitcoin purchases and general corporate purposes.

The new management team includes Amanda Fabiano (Chief Operating Officer), Tyler Evans (Chief Investment Officer), and Andrew Clayton (Chief Commercial Officer). Former Kindly MD Tim Pickett will continue to lead the medical operations as Chief Medical Officer.

Five prominent figures from the cryptocurrency industry have newly joined the board of directors. This includes Perianne Boring, founder of the U.S. lobbying group Digital Chamber, and Mark Yusko, founder of Morgan Creek Capital. Each member has extensive experience in Bitcoin and the financial sector.

The new company will offer Bitcoin financial services for institutional investors under the Nakamoto brand. They aim to add 1 million BTC to their finances and promote the adoption of Bitcoin at the corporate and government level.

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