Kindly MD, Inc. (NASDAQ: NAKA), an integrated healthcare services provider, and Nakamoto Holdings Inc., a Bitcoin-native holding company, have filed their definitive information statement with the U.S. Securities and Exchange Commission (SEC) concerning their proposed merger. The companies anticipate closing the transaction on or around August 11, 2025, subject to customary closing conditions.
David Bailey, Founder and CEO of Nakamoto, stated that the filing marks a critical milestone for the merger, accelerating the company’s mission to acquire one million Bitcoin. He commended the collaborative efforts between Nakamoto and KindlyMD, highlighting their shared enthusiasm for Bitcoin and expertise in structuring this public market opportunity as a strong foundation for the combined entity.
Tim Pickett, Founder and CEO of KindlyMD, expressed pride in reaching this milestone alongside Nakamoto. He noted that the merger offers KindlyMD shareholders an opportunity to participate in a significant shift in public company treasury management, centered on Bitcoin.
KindlyMD shareholders previously approved the merger and related transactions via written consent.
KindlyMD focuses on patient-first healthcare and data, aiming to redefine value-based care. The company utilizes data analysis to provide evidence-based, personalized solutions designed to reduce opioid use, improve health outcomes, and offer algorithmic guidance on alternative medicine. Its services, which include traditional medical evaluation, mental health integration, and alternative medicine education, are reimbursed by Medicare, Medicaid, and commercial insurance contracts, and are also available on a fee-for-service basis.
Nakamoto is a Bitcoin treasury company building a global portfolio of Bitcoin-native businesses. The company intends to establish the first publicly traded conglomerate of Bitcoin companies by accumulating Bitcoin in its treasury and leveraging these holdings to acquire and develop an ecosystem of Bitcoin companies across various sectors, including finance, media, and advisory services. Nakamoto aims to build commercial and financial infrastructure for the next generation of capital markets.
