KindlyMD Shareholders Bet Big on Bitcoin—Greenlight Merger with Nakamoto Holdings

In a move that screams ’2025 or bust,’ KindlyMD shareholders just doubled down on crypto—voting overwhelmingly to pivot the company’s future into Bitcoin via a merger with Nakamoto Holdings. Because nothing says ’modern healthcare’ like tying your fate to a decentralized ledger, right?

The deal, approved today, effectively turns KindlyMD into another domino in the blockchain hype cascade. Because when traditional revenue models get boring, why not swing for the volatile fences?

Wall Street analysts—already sharpening their ’I told you so’ knives—are calling it either a visionary leap or a Hail Mary. Place your bets, folks.

Bitcoin’s growing role as a treasury asset

With Bitcoin gaining traction as a corporate treasury asset, the KindlyMD–Nakamoto merger adds to a broader wave of public companies across the globe that have integrated Bitcoin into their financial strategies.

In the healthcare space, Basel Medical Group entered exclusive talks to buy up to $1 billion worth of Bitcoin earlier this month, while Semler Scientific has also joined the trend, and has been consistently building a sizable Bitcoin stash, holding 3,808 BTC as of May 21.

Meanwhile, in Latin America, Brazilian fintech Méliuz became the first publicly traded company in the region to adopt Bitcoin as a treasury asset, following shareholder approval earlier this month. 

Over in the Middle East, Al Abraaj Group kicked off its Bitcoin strategy with an initial 5 BTC purchase, while signalling plans to acquire more.

Strategy—formerly MicroStrategy—was the first major public company to adopt Bitcoin as a primary treasury asset back in 2020, effectively popularizing the corporate Bitcoin playbook. 

Recently, the firm disclosed a fresh $765 million purchase, adding 7,390 BTC to its balance sheet.