US-listed 'KindlyMD' Shareholders Approve Merger with Bitcoin Investment Firm

Source
Son Min

Summary

  • KindlyMD shareholders have approved a merger with Bitcoin investment firm Nakamoto Holdings.
  • The merger is expected to be completed in the third quarter of this year.
  • Nakamoto has reportedly raised $710 million to build a Bitcoin treasury.

Shareholders of the healthcare and data company KindlyMD have approved a merger with Nakamoto Holdings, a Bitcoin (BTC) investment firm. Nakamoto was founded by David Bailey, CEO of Bitcoin Magazine.

According to Cointelegraph on the 20th (local time), KindlyMD shareholders have approved the merger with Nakamoto. The merger is expected to be completed in the third quarter of this year.

Previously, Nakamoto announced that it had signed a merger agreement with KindlyMD. It is also reported that they have raised $710 million to build a Bitcoin treasury.

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
What did you think of the article you just read?