David Bailey’s Nakamoto Teams Up with KindlyMD to Launch Groundbreaking Bitcoin Treasury Strategy
Bitcoin just got a corporate makeover—and Wall Street won’t see it coming.
David Bailey’s Nakamoto, the crypto advisory firm that’s been quietly shaping institutional adoption, is joining forces with KindlyMD to build a Bitcoin treasury. Because nothing says 'trust the system' like healthcare meets hyperinflation hedge.
Here’s the kicker: This isn’t your typical 'hodl' play. The partnership aims to create a blueprint for corporations to allocate reserves into Bitcoin—without triggering the SEC’s allergy to innovation. KindlyMD, a telehealth provider, will serve as the guinea pig. Because if anyone understands volatile assets, it’s an industry that bills in USD but pays in malpractice insurance.
The move comes as treasury strategies go crypto-native. Forget bonds yielding less than your grandma’s savings account—Bitcoin’s the new zero. Nakamoto’s betting that even risk-averse sectors like healthcare will ditch 'prudent' finance for asymmetric upside. And if it fails? There’s always Chapter 11—now with 100% more Satoshis.
One question remains: Will CFOs embrace self-custody, or will they still need a banker to hold their hand—and keys?
Bitcoin Treasury Plans
The merged company aims to build a large Bitcoin treasury, targeting 1 million BTC in the long term. Currently, KindlyMD holds just 21 Bitcoin, but it plans to use $540 million raised from recent financing to purchase more Bitcoin. Another $200 million convertible note offering is expected to close soon.
Honored to officially join KindlyMD as CEO and Chairman. Thank you for coming on this journey with me- together we will rebuild the world on the bitcoin standard.
One Nakamoto = One million Bitcoin
However, the firm is far behind in the Bitcoin accumulation race. For instance, Michael Saylor’s Strategy owns 628,946 BTC and plans to keep buying. Other firms like Metaplanet and Semler Scientific also aim to hold 210,000 and 105,000 BTC respectively by 2027.
As per Yahoo Finance data, shares of NAKA jumped 13.4% to $15.02 after the merger, reflecting strong market interest in companies accumulating Bitcoin. The company hopes this strategy will position it among the top Bitcoin treasury holders globally.
“Our vision is for the world’s capital markets to operate on a Bitcoin standard,” said David Bailey. “Today’s merger represents the beginning of that journey for our company. Since I started my journey in Bitcoin 13 years ago, I’ve always believed Bitcoin WOULD become the most valuable asset in human history, held by every person, company, and government.
He emphasized that the firm is intended to MOVE forward with a broader Bitcoin vision and this merger sets the stage for the next chapter of growth.
KindlyMD is a healthcare organization that provides primary care, pain management, behavioral health services, and alternative therapies. The merger combines its healthcare experience with Nakamoto’s Bitcoin-focused approach, resulting in a business dedicated to both healthcare innovation and Bitcoin treasury management.
Also Read: Trump’s crypto Adviser David Bailey Plans to Buy $762M of Bitcoin