Relatives, Centers and Anchors Digital Forms Strategy Bitcoin Treasury Alliance
Nakamoto Holdings Inc., Kindlymd, Inc. and Anchorage Digital today announced a strategic partnership that will make Anchorage a trading partner for Kindlymd’s Bitcoin Treasury. The partnership will officially come into effect, the merger of KindlyMD and Nakamoto ends, which is expected to be in the third quarter of 2025.
Anchorage Digital, a federally licensed digital asset bank, will provide institutional-level custody, 24/7 transactions and deep liquidity to support the combined entity’s Bitcoin strategy.
“In a not too far-reaching future, omitting Bitcoin on the balance sheet will be more obvious than its inclusiveness,” said Nathan McCauley, CEO and co-founder of Anchorage Digital. “Up until then, companies like Nakamoto-Kindlymd are pioneering a new path forward, which is the core of the company’s strategy.”
The merger between Kindlymd and Nakamoto received about $710 million in financing, including $510 million in pipeline funding, the largest pipeline ever associated with public cryptocurrencies. The goal is to build a treasury strategy for local Bitcoin companies that redefines how capital markets interact with digital assets.
David Bailey, Founder and CEO of Nakamoto Holdings Inc., said: “Our goal is to bring Bitcoin to the heart of the global capital markets. We are excited to be working with Anchorage Digital to implement our vision with the highest security and combat testing infrastructure and enable us to deliver sustained value to shareholders.”
The announcement comes after a key milestone on May 18, when KindlyMD shareholders approved a proposed merger with Nakamoto. Now, the deal is expected to end in Q3 2025, awaiting SEC review and distribution of information statements.
“This milestone takes us one step closer to unlocking the potential of relative shareholders of Bitcoin,” Bailey said yesterday. “We are grateful to share our vision for the future where Bitcoin is a core part of the company’s balance sheet.”
The Nakamoto-Kindlymd partnership will accelerate the adoption of institutional Bitcoin with Bitcoin-first strategic and strategic alliances and will be in the infrastructure behind Anchorage Digital, which is now firm.
“By working with Anchorage Digital, we are implementing our Bitcoin Treasury strategy and providing our shareholders with the greatest security and assurance standards,” said Tim Pickett, CEO of KindlyMD. “Their institutional-level platform enables us to confidently use Bitcoin as a Treasury asset as we hope to unlock access and drive value to Bitcoin in the long term.”
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.
