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Nakamoto and KindlyMD merge to launch the Bitcoin treasury strategy
Golden Finance reports that Bitcoin holding company Nakamoto has officially completed its merger with KindlyMD in Utah and will launch a Bitcoin treasury strategy under the KindlyMD name. BTC Inc. co-founder David Bailey has been appointed as the new company's CEO. The company plans to accumulate Bitcoin through equity, debt, and other financing methods. KindlyMD has raised $540 million through a private sale of stock and expects to complete a $200 million convertible bond issuance tomorrow.