Kindly MD, Inc. (NASDAQ: NAKA), a 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 transaction is expected to finalize on or around August 11, 2025, pending customary closing conditions.
David Bailey, Founder and CEO of Nakamoto, stated that the filing marks a “critical milestone” for the merger, advancing their objective of acquiring one million Bitcoin. He emphasized the collaboration between the Nakamoto and KindlyMD teams, highlighting their shared enthusiasm for Bitcoin and expertise in structuring the opportunity for public markets as a strong foundation for the combined company.
Tim Pickett, Founder and CEO of KindlyMD, echoed this sentiment, expressing pride in reaching the milestone alongside Nakamoto. He noted that the merger offers KindlyMD shareholders an opportunity to participate in a novel approach to public company treasury management, centered on Bitcoin.
Holders of a majority of KindlyMD’s outstanding common stock previously approved the merger and related transactions via written consent.
KindlyMD is a patient-first healthcare and healthcare data company that focuses on redefining value-based care. The company utilizes data analysis to deliver evidence-based, personalized solutions aimed at reducing opioid use, improving health outcomes, and guiding the use of alternative medicine. Its services integrate traditional medical evaluation with mental health support and alternative medicine education, creating personalized care plans. KindlyMD’s specialty outpatient clinical services are reimbursed by Medicare, Medicaid, and commercial insurance, and are also available on a fee-for-service basis.
Nakamoto is a Bitcoin treasury company building a global portfolio of Bitcoin-native businesses. Its strategic intent is 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-focused entities across finance, media, and advisory sectors. The company aims to provide commercial and financial infrastructure for future capital markets.
