KindlyMD, an integrated healthcare services provider, has announced the purchase of 21 Bitcoin ahead of its merger with Nakamoto Holdings, a company focused on the acquisition and holding of Bitcoin. KindlyMD’s move to buy 21 Bitcoin ( BTC ) comes a few weeks after David Bailey, the chief executive officer of BTC Inc., and crypto advisor of U.S. president Donald Trump, announced the launch of Nakamoto Holdings. The Bitcoin-native company, whose name pays homage to Bitcoin creator Satoshi Nakamoto , recently revealed an upcoming merger with KindlyMD. KindlyMD is a Nasdaq-listed integrated healthcare and healthcare data company looking to become the next Strategy. With its initial BTC purchase, KindlyMD says its on the path to making this quest a reality. The purchase of 21 BTC was completed at an average price of $109,027 per coin, representing a $2.3 million investment. Funds came from gross proceeds of $8.7 million raised through recent warrant exercises. “KindlyMD chose 21 BTC, which is one millionth of the total supply of bitcoin, as a symbolic first step on our journey to be the leading Bitcoin treasury strategy,” Bailey said. “There are many more milestones ahead and we can’t wait to continue to execute our roadmap with KindlyMD.” You might also like: Strive announces $750m private investment to buy Bitcoin Nakamoto Holdings’ launch followed Bailey’s $300 million raise in equity and convertible debt earlier this year. On May 21, KindlyMD shareholders approved the strategic merger and partnership with Nakamoto Holdings. The deal also includes Anchorage Digital—an institutional-grade crypto custody platform—signaling a joint commitment to accelerating corporate Bitcoin adoption. Commenting on the purchase, KindlyMD CEO Tim Pickett said: “This strategic purchase was possible after significant warrant redemption, which we believe reflects our investor’s support of the merger and in our confidence of Bitcoin as a store of value. We look forward to working diligently towards the closing of our merger with Nakamoto to further accelerate our Bitcoin treasury strategy.” KindlyMD and Nakamoto Holdings’ merger will close later in the year. You might also like: Trump Media to buy $2.5b Bitcoin, creating one of crypto’s largest corporate treasuries
