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KindlyMD Completes Merger with Nakamoto to Establish Bitcoin Treasury

1. KindlyMD merges with Nakamoto, retaining the NAKA ticker on Nasdaq. 2. The merger raises $540 million for Bitcoin purchases.

M&A
-8.99%Current Return
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-0.23%S&P 500
$15.0208/14 04:22 PM EDTEvent Start
$13.6708/15 10:48 PM EDTLatest Updated
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FAQ

Why Bullish?

The merger with Nakamoto may enhance NAKA's market position due to increased liquidity. Historical examples show companies merging with blockchain assets tend to see positive price movements.

How important is it?

The announcement involves a significant merger and capital raise, directly tied to NAKA, influencing investor sentiment positively.

Why Short Term?

The immediate funding for Bitcoin purchases provides a catalyst for short-term price action, similar to other companies leveraging cryptocurrencies.

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David Bailey to Lead Combined Company as CEO, Alongside Best-in-Class Management Team Announces Six New Members to Board of Directors Raised $540 Million in Gross Proceeds Through the PIPE Financing to Fund Bitcoin Purchases SALT LAKE CITY, UT / ACCESS Newswire / August 14, 2025 / KindlyMD, Inc. (NASDAQ:NAKA) ("KindlyMD" or the "Company"), together with Nakamoto Holdings Inc. ("Nakamoto"), a Bitcoin-native holding company, today announced the consummation of their previously announced merger. The combined company will retain the KindlyMD name and will continue to trade on the Nasdaq Capital Market under the ticker symbol "NAKA".

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