Integrated healthcare provider KindlyMD has made a strategic entry into the Bitcoin market by purchasing 21 BTC in anticipation of its merger with Nakamoto Holdings. The move represents the company’s shift toward adopting a Bitcoin-centric treasury strategy.

A Purposeful $2.3M BTC Purchase Funded by Warrant Proceeds

The purchase of 21 Bitcoin—worth approximately $2.3 million at an average price of $109,027—was funded using capital raised from $8.7 million in recent warrant exercises.

Choosing to buy 21 BTC, a figure symbolizing one-millionth of Bitcoin’s total capped supply, KindlyMD aims to make a bold statement about its future direction. BTC Inc. CEO David Bailey described it as “a symbolic first step” in building a Bitcoin-native corporate roadmap.

Merger Approved, Anchorage Digital to Provide Custody

KindlyMD shareholders gave the green light to the merger with Nakamoto Holdings on May 21. The agreement also brings Anchorage Digital into the fold, offering enterprise-grade custody solutions to safeguard the Bitcoin assets.

Nakamoto Holdings, backed by a $300 million fundraise earlier this year, was formed by Bailey to support corporate Bitcoin adoption, and the KindlyMD merger represents a key part of that strategy.

CEO Confirms Confidence and Long-Term Vision

“This investment was made possible by significant warrant redemptions, showing our investors’ belief in both the merger and Bitcoin as a store of value,” said KindlyMD CEO Tim Pickett. He reaffirmed the company’s commitment to expanding its digital asset footprint through its partnership with Nakamoto.

Merging Health and Bitcoin Finance

KindlyMD, currently a healthcare and data-focused firm, aims to emulate the success of corporate Bitcoin adopters like MicroStrategy by transitioning into a company that combines operational performance with Bitcoin reserves.

Bailey concluded,

“There’s a long journey ahead—but this initial BTC purchase reflects our dedication to building a decentralized financial future, starting with KindlyMD.”

The merger is expected to close later this year, solidifying KindlyMD’s position as a pioneer in Bitcoin treasury adoption within the healthcare sector.