On July 22, the business revealed the submission of a conclusive details declaration to the U.S. Securities and Exchange Commission, marking an important turning point towards completing the merger. “Filing the definitive information statement is a significant step forward for this merger and propels our objective of acquiring one million Bitcoin,” mentioned David Bailey, Founder and CEO of Nakamoto. “I take immense pride in the collaborative efforts of the teams at Nakamoto and KindlyMD in bringing us closer to the conclusion of the merger.”
Ever considering that entering Bitcoin I’ve constantly had this imagine smash purchasing $1b of bitcoin in a single quote. Tomorrow that dream comes to life.
Gotta begin dreaming larger
— David Bailey $1.0mm/btc is the flooring (@DavidFBailey) August 11, 2025
Tim Pickett, Founder and CEO of KindlyMD, revealed, “We are proud to reach this important milestone alongside Nakamoto. Our shareholders now have the chance to participate in a transformative shift in how public companies approach treasury management, with Bitcoin at its core.”
Upon the merger’s conclusion, Nakamoto will be placed to strongly advance its Bitcoin acquisition technique. Earlier this year, KindlyMD started its technique by buying 21 BTC for $2.3 million. “This marks a significant beginning for the $NAKA mission,” Nakamoto interacted on X. Pickett elaborated throughout the business’s Q2 incomes report, mentioning, “During the quarter, we generated approximately $9.2 million from warrant exercises, enabling our initial purchase of 21 BTC, valued at $2.25 million as of June 30, 2025.”
Bailey highlighted the individuality of Nakamoto’s technique, asserting, “Once you see it in action, you’ll understand why we will be among the foremost holders of Bitcoin globally. We are building a Bitcoin juggernaut.”
In a quote to improve its management, Nakamoto revealed recently the consultation of Amanda Fabiano as Chief Operating Officer. Fabiano, who formerly served as Head of Mining at Galaxy Digital and Director of Bitcoin Mining at Fidelity Investments, brings over a years of pertinent experience to her brand-new function. Bailey said, “We are thrilled to welcome Amanda to the Nakamoto team. Her proven track record in establishing institutional infrastructure and executing within complex organizations will provide immediate value.”
Fabiano communicated her interest about signing up with Nakamoto throughout this essential stage, mentioning, “Nakamoto is translating ambitious ideas into tangible results and is at the forefront of institutional Bitcoin adoption.”
As the merger’s closure techniques, individuals in the Bitcoin market are carefully keeping track of the circumstance, expecting Nakamoto’s implementation of over $760 million into BTC, which might considerably affect purchasing pressure in the approaching days.
Bitcoin will end up being the most important property in human history.@nakamoto technique = Get as lots of as you can, as quickly as you can.
— David Bailey
$1.0mm/btc is the flooring (@DavidFBailey) August 8, 2025
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