KindlyMD and Nakamoto Holdings File with SEC, Merger Expected to Close August 11

Bitcoin Magazine

KindlyMD and Nakamoto Holdings File with SEC, Merger Expected to Close August 11

Today, KindlyMD (NASDAQ: NAKA) and Bitcoin-native firm Nakamoto Holdings announced that it has officially filed their definitive information statement with the SEC in connection with the proposed merger with Nakamoto, moving forward with a planned merger expected to close around August 11, 2025.

BREAKING: $763 million #Bitcoin treasury company Nakamoto files with SEC to merge with publicly traded KindlyMD.

Expects to complete the merge in 20 days. pic.twitter.com/ejjMaoqI6k

“Filing the definitive information statement is a critical milestone for this merger and accelerates our mission of acquiring one million Bitcoin,” stated the Founder and CEO of Nakamoto David Bailey. “I’m very proud of the teams’ collaboration at Nakamoto and KindlyMD to get us one step closer to closing the merger. Our shared enthusiasm for Bitcoin paired with our expertise in structuring this opportunity for public markets has created a strong foundation for the combined company’s future.”

The merger is a key step in advancing Nakamoto’s strategy, which will use Bitcoin not only as a reserve asset but as the foundation of a new capital framework. Nakamoto will treat Bitcoin as the base and combine it with public stocks to grow and invest more effectively.

This model supports smaller companies that hold Bitcoin in regions where direct access to it is limited. Firms like Metaplanet, Smarter Web Company, and The Blockchain Group have already shown strong results. Performance is measured by Bitcoin per share, with gains reinvested into more Bitcoin or new ventures.

Nakamoto manages the 40 percent securities limit under the Investment Company Act by using Bitcoin-denominated convertible notes, giving it more flexibility and control. With over 750 million dollars raised, the merger with KindlyMD supports its goal of expanding a Bitcoin based financial model globally.

“We are proud to reach this important milestone alongside Nakamoto,” said the Founder and CEO of KindlyMD Tim Pickett. “Our shareholders now have the opportunity to be part of a groundbreaking shift in how public companies approach treasury management, with Bitcoin at the center.”

Disclosure: Nakamoto is in partnership with Bitcoin Magazine’s parent company BTC Inc to build the first global network of Bitcoin treasury companies, where BTC Inc provides certain marketing services to Nakamoto. More information on this can be found here.

This post KindlyMD and Nakamoto Holdings File with SEC, Merger Expected to Close August 11 first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.