Kindlymd, Inc. The proposed merger with Nakamoto Holdings Inc. has been approved by shareholders, marking a significant step towards becoming one of the largest Bitcoin Treasury companies in the market.
The majority of KindlyMD shareholders signed a written consent on May 18, 2025 to merge. Previously, the transaction could now be closed in the third quarter of 2025 after the SEC reviewed and distributed information statements to shareholders. Under current terms, the transaction will end 20 days after the mailing statement.
“This milestone takes us one step closer to unlocking Bitcoin’s potential for kind shareholders,” said David Bailey, founder and CEO of Nakamoto. “We are grateful that KindlyMD’s vision for the future at the heart of the company’s balance sheet shares our vision that investors in the global capital markets can access the world’s largest assets and value store.”
Nakamoto is building a consistent portfolio of companies around the core principles of Bitcoin. Through the Treasury strategy and target acquisition, the company aims to redefine capital market infrastructure at the center with Bitcoin.
Meanwhile, visit the dining table, a unique model of integrated, data-driven healthcare that focuses on reducing opioid dependence and improving outcomes through personalized treatments and alternative medical education. Its clinical services are reimbursed through Medicare, Medicaid and commercial insurance.
Tim Pickett, CEO of KindlyMD, highlighted the strategic benefits of the deal: “We are delighted to achieve this important milestone in the merger process. As a merged company, we are delighted to be able to leverage Bitcoin’s dominance and real-world utilities to enhance our company and bring sustained long-term value to our investors.”
Disclosure: Nakamoto has partnered with Bitcoin Magazine’s parent company BTC Inc to establish the first global network of Bitcoin finance companies, in which BTC Inc provides certain marketing services to Nakamoto. More information about this can be found here.
