KindlyMD, Inc. (NAKA) has acquired 5,743.91 BTC done its subsidiary Nakamoto Holdings, marking the company’s archetypal large bitcoin acquisition pursuing the merger.
The acquisition brings KindlyMD’s full Bitcoin holdings to 5,764.91 BTC. This acquisition was done astatine a weighted mean terms of $118,204.88, with the $679 cardinal transaction funded utilizing PIPE proceeds.
"This acquisition reinforces our condemnation successful Bitcoin arsenic the eventual reserve plus for corporations and institutions alike," said CEO David Bailey. "Our semipermanent ngo of accumulating 1 cardinal bitcoin reflects our content that Bitcoin volition anchor the adjacent epoch of planetary finance, and we are committed to gathering the astir trusted and transparent conveyance to execute that future."
NAKA shares are up 4% successful pre-market trading, rising to $12.50.