Nakamoto and KindlyMD Merge to Launch Bitcoin Treasury Strategy
According to Jinse Finance, Bitcoin holding company Nakamoto has officially completed its merger with Utah-based KindlyMD and will launch a Bitcoin treasury strategy under the KindlyMD name. David Bailey, co-founder of BTC Inc., will serve as the new company's CEO. The company plans to accumulate Bitcoin through equity, debt, and other financing methods. KindlyMD has already raised $540 million through a private equity offering and is expected to complete a $200 million convertible bond issuance tomorrow.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Overview of Key Overnight Developments on August 15
USDC Treasury has minted an additional 940 million USDC in the past 9 hours
Ethereum validator exit queue rises to approximately 671,900 ETH, worth about $3.1 billion
Trending news
MoreCrypto prices
More
