Bitcoin Pioneer Nakamoto Merges with Healthcare Giant, Set to Take Center Stage at Bitcoin 2025
Nakamoto Holdings Inc., a Bitcoin-focused investment firm, has recently merged with KindlyMD, a Utah-based healthcare services provider, in a $710 million deal. The merger, financed through private placement and notes, sees David Bailey, CEO and founder of Nakamoto Holdings, committed to bringing Bitcoin to the mainstream. The Bitcoin 2025 Conference, sponsored by Nakamoto Holdings, is set to take place in Las Vegas later this month.
The merger was primarily funded through a $510 million private placement in public equity (PIPE) at $1.12 per share and a $200 million senior secured convertible note maturing in 2028. David Bailey, former campaign advisor to Donald Trump, will be a key figure at the Bitcoin 2025 Conference. He will give a keynote speech on May 28, following U.S. Vice President JD Vance, and host an X Spaces event on May 16 to discuss Nakamoto's vision.
The Bitcoin 2025 Conference, taking place May 27-29 at the Venetian Convention and Expo Center in Las Vegas, will see the KindlyMD leadership team in attendance. Bailey, through Nakamoto Holdings, aims to position Bitcoin at the heart of global capital markets. Nakamoto Holdings is the title sponsor of the conference.
The merger of Nakamoto Holdings and KindlyMD, along with Bailey's prominent role at the Bitcoin 2025 Conference, signals a significant step towards integrating Bitcoin into global capital markets. The conference, with its high-profile speakers and sponsors, is set to be a pivotal event in the cryptocurrency calendar.
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