New “Nakamoto” Holding Raises $710 Million to Buy Bitcoin, Announces Merger with KindlyMD

A new holding company called Nakamoto has just announced the raising of US$710 million with the stated purpose of buying Bitcoin. The information was released by the specialized profile Bitcoin Archive, through a post on the social network X (formerly Twitter), also highlighting that the company will merge with KindlyMD, a company in the health sector.

According to Bitcoin Archive, the merger between Nakamoto and KindlyMD aims to create a new publicly traded company focused on a Bitcoin-centric treasury strategy, following in the footsteps of billionaire Michael Saylor, founder of MicroStrategy. “Saylor’s strategy!” the profile summarized in the post.

💥BREAKING: A new holding company 'Nakamoto' just raised $710 million to buy more Bitcoin and will merge with KindlyMD to establish a Bitcoin Treasury company.

Saylor playbook!

—Bitcoin Archive (@BTC_Archive) May 12, 2025

The move reinforces the trend of transforming traditional companies into corporate vehicles for accumulating BTC, functioning in practice as decentralized versions of ETFs. The new structure resulting from the merger should operate as an entity focused on long-term appreciation through Bitcoin reserves, consolidating the digital asset as a central part of its financial policy.

While there are still no details on the purchase schedule or how much of the amount raised has already been converted into BTC, the announcement highlights the advancement of the Bitcoin narrative as a strategic asset for corporate treasuries — especially in a scenario of dollar devaluation and increased institutional interest.