KindlyMD Shareholders Approve Merger with Nakamoto Holdings
Deal News | May 20, 2025 | EIN

KindlyMD, Inc., a company focusing on integrated healthcare and reduction of opioid dependence, has secured shareholder approval for its merger with Nakamoto Holdings Inc., a Bitcoin-focused treasury company. This merger positions KindlyMD among the largest Bitcoin treasury companies, as it collaborates with Nakamoto to leverage Bitcoin's market influence. The merger is scheduled to complete in the third quarter of 2025, pending SEC review and distribution of an information statement to shareholders. Tim Pickett, CEO of KindlyMD, and David Bailey, CEO of Nakamoto Holdings, emphasize the merger's strategic advantage in incorporating Bitcoin's utility into their business models. Nakamoto's strategy focuses on building a global portfolio aligned with Bitcoin principles, aiming to redefine capital market infrastructure. KindlyMD's healthcare model provides personalized treatment backed by data, with services reimbursed by Medicare, Medicaid, and commercial insurances.
Sectors
- Healthcare
- Cryptocurrency/Blockchain
Geography
- United States – The merger involves companies based in the United States, and the regulatory review process involves the U.S. Securities and Exchange Commission.
Industry
- Healthcare – KindlyMD operates within the healthcare industry, focusing on reducing opioid dependence and providing personalized treatment and alternative medicine education.
- Cryptocurrency/Blockchain – Nakamoto Holdings focuses on Bitcoin treasury strategies and aims to integrate Bitcoin into capital markets, thus operating within the cryptocurrency and blockchain industry.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
KindlyMD, Inc. | Target Company | Company | A healthcare company focused on integrated services and reducing opioid dependence. |
Nakamoto Holdings Inc. | Bidding Company | Company | A company focused on Bitcoin treasury strategy and acquisitions, aiming to integrate Bitcoin into corporate balance sheets. |
Tim Pickett | CEO of KindlyMD | Person | CEO of KindlyMD, leading the company's strategic merger with Nakamoto. |
David Bailey | CEO of Nakamoto Holdings | Person | CEO of Nakamoto Holdings, leading strategic initiatives around Bitcoin integration. |