Bitcoin-focused investment firm Nakamoto Holdings has successfully raised $51.5 million in a recent private equity round, according to its merger partner, KindlyMD. The funding round closed in under 72 hours, signaling strong investor confidence in the company’s strategic vision to build a large-scale Bitcoin treasury.
Founded by David Bailey, who also serves as a crypto adviser to former U.S. President Donald Trump, Nakamoto Holdings is quickly establishing itself as a key player in institutional Bitcoin accumulation. The newly raised capital will primarily be used to purchase additional Bitcoin (BTC), while also supporting the firm’s general operational needs.
KindlyMD confirmed that the financing round was priced at $5.00 per share, bringing the company’s total funding to $563 million — or $763 million when including convertible notes. This investment is part of a broader plan tied to the two companies’ upcoming merger.
The merger between Nakamoto Holdings and KindlyMD was approved last month and is expected to close in Q3 2025, at which point the newly combined entity will begin trading on the Nasdaq under the ticker symbol NAKA.
This development aligns with a growing trend of publicly traded companies accumulating Bitcoin as a long-term asset on their balance sheets — a strategy notably employed by firms like MicroStrategy and others. Nakamoto Holdings aims to follow in their footsteps by positioning itself as a major institutional holder of BTC in the public markets.
As the company moves closer to its Nasdaq debut, the rapid funding round reinforces investor belief in Bitcoin’s role as a strategic asset and Nakamoto Holdings’ ability to lead in this space.
