Killymd merger with Crypto Trump’s Advisor David Bailey “Nakamot”

Shares Kindlymd On Monday, 600% took off after the healthcare company announced the merger with Nakamoto Holdings, A bitcoin Investment Company founded by David Bailey, Key Cryptocurrency Advisor for the President Donald Trump.

The recently created company provided $ 200 million in convertible debt and $ 510 million through private investment in a transaction with public capital (Pipe), offering a stock of $ 1.12 each.

Increased support has received support for more than 200 investors, including Actai Ventures, Arrington Capital, BSQ Capital Partners, Kingsway, Van Eck and Yorkville Advisors.

The list of individual investors reads how anyone from Bitcoin – Adam’s crystographer; Balaji Shrinivasan, former Base Executive; Jihan Wu, co -founder Bitmain; and Ricardo Salinas, the Mexican billionaire, who became one of the most supporters of the Bitcoin vocals.

Bitcoin traded above $ 104,000 on Monday. The price of the critical is designed above 100,000 dollars Thursday for the first time since February.

Gindlymd shares will continue trading under “Kdly”. The combined company counts on renamage and will receive a new tick.

Nakamota, led by Bailey as CEO will focus on the acquisition and maintenance of Bitcoin, a strategy that has become popular with investment firms that seek to turn their stock into a direct rate for cryptocurrency.

“We believe that the future goes where every balance – state or private – holds Bitcoin,” Bailey said in a press release.

Bailey is not the first to pursue this model. Michael Saillar Strategy (Previously Microstrategy) turned into a software company into a firm during Bitcoin in 2020, transforming his money reserves into bitcoin and looking its stock Skyrocket when the Bitcoin price has grown.

But Kindlymd’s plaque in Crypto is even unfamiliar, given that the company built its brand around fighting apioid addiction with a holistic medical service.

“This fusion is a strategic jump for Kindlymd, allowing us to expand our mission,” said Tim Picket, CEO of Kindlymd. “Nakamoto brings a team with deep experience in the Bitcoin strategy and unsurpassed access to leading Bitcoin Treasury Experts.”

The picket, which will continue to observe the Kindlymd health operations, insisted that the outpatient clinics will support their attention on the treatment of apioid addiction and assist patients.

“This is a bold new vision that will lead to a long-term value for our shareholders,” the picket added.

See: As Trump was “orange” three bitcoins in Puerto Rico