Earlier, on May 27, Kindlymd acquired 21 BTC for $ 2.3 million after a merger with Nakamoto Holdings, focused on the formation of bitcoin treasury. Funds for this transaction came from the private placement of shares (PIPE) by $ 540 million and transactions from the sale of convertible bonds for $ 200 million, closed in August 2025.
The General Director and Chairman of the Board of Directors of Kindlymd David Bailey said that the company’s administration “considers the first cryptocurrency the basis of the new era of world finance and sets itself a long -term goal – to accumulate a million bitcoins”.
David Bailey added that, unlike traditional methods of attracting capital through stock exchanges, such as NASDAQ or NYSE, cryptocurrency technologies allow you to crush shares on digital tokens, which reduces the entrance threshold for retail investors and ensures the transparency of operations through smart contracts.
Earlier, the largest international investment company BlackRock, which controls the assets of the ISHHARES BITCOIN TRUST Foundation, announced the formation of a reserve of bitcoins on its balance of 749,354 coins, which is about 3% of the total supply of flagship cryptocurrency.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
