Nakamoto Holdings Raises $51.5m for Corporate Bitcoin Treasury
through a bid led by affiliate KindlyMD, Nakamoto Holdings has secured $51.5 million to expand its corporate treasury Bitcoin holdings.
- This sale occurred as part of a private-investment-in-public-equity (PIPE) deal backed by KindlyMD. The healthcare data firm sold shares at $5 each.
- This brings Nakamoto Holdings’ total Bitcoin allocation target to $763 million.
- Notable companies like MicroStrategy have previously purchased large Bitcoin quantities.
- A Database tracks over 130 public firms now investing significantly in Bitcoin.
Bitcoin, trading at around $102,900 at the time, has seen price volatility recently, down about 1.8% over the last day.
According to Nakamoto Holdings founder and CEO David Bailey, both rounds consolidated under a structure designed to pursue building exposure. He emphasized acquiring as much Bitcoin as possible for corporate treasuries.
