Discover top fintech news and events!
Subscribe to FinTech Weekly's newsletter
Read by executives at JP Morgan, Coinbase, Blackrock, Klarna and more
KindlyMD Shareholders Approve Merger with Nakamoto Holdings
The deal introduces a Bitcoin-native strategy to a healthcare company focused on data-driven, patient-first care.
KindlyMD, a publicly traded provider of integrated healthcare services, announced that its shareholders have approved a proposed merger with Nakamoto Holdings, a firm centered on Bitcoin-focused investments. The transaction is expected to close in the third quarter of 2025, subject to regulatory procedures and the formal delivery of shareholder information.
Approval was granted through written consent from a majority of KindlyMD’s outstanding common stockholders on May 18, marking a major milestone in the transaction process. The company will now move forward with preparing and submitting a required information statement to the Securities and Exchange Commission (SEC), with the transaction expected to finalize 20 days after shareholders receive the formal documentation.
A Bitcoin Strategy Enters the Healthcare Sector
This merger will bring together two companies from distinct sectors—healthcare and crypto-finance—with the goal of developing a new model for long-term value creation. KindlyMD, which operates in patient-centered healthcare, is expected to incorporate Bitcoin into its broader financial strategy following the merger.
Nakamoto Holdings positions itself as a Bitcoin-native holding company. Its stated mission includes building a public conglomerate of companies aligned with Bitcoin infrastructure. With this merger, Nakamoto plans to introduce its crypto-based treasury model to the healthcare space, signaling the firm’s intent to expand Bitcoin’s role in capital markets beyond finance and into service-based industries.
Executives from both companies indicated that they view the deal as an opportunity to align Bitcoin’s long-term financial utility with the healthcare industry’s demand for sustainability, efficiency, and innovation.
Strategic Benefits for Both Parties
For KindlyMD, the transaction provides access to new financial resources and a broader investor base. The company’s leadership emphasized the opportunity to align its patient-focused services with a modern financial strategy—one that reflects both the rising role of digital assets and the expectations of future markets.
Nakamoto’s approach includes accumulating Bitcoin in its treasury and using that position to acquire and develop companies across multiple sectors. The firm has described its broader objective as creating infrastructure for capital markets that are global, digital, and decentralized.
This strategy could benefit KindlyMD by reinforcing its growth potential, particularly in areas such as technology investment, healthcare data infrastructure, and operational scalability. The transaction will also likely generate new interest from crypto-aligned investors and institutions seeking exposure to Bitcoin through diversified channels.
What Comes Next
In the short term, the companies will complete their regulatory obligations, including filing an information statement with the SEC. Once the statement is sent to shareholders, a 20-day waiting period begins, after which the deal can close.
After closing, the combined company will begin integrating Bitcoin-focused financial tools into KindlyMD’s operations. While specific plans have not yet been disclosed, the firms have expressed confidence that the merger will unlock new growth paths and improve long-term positioning in both the healthcare and digital finance sectors.
This marks a rare but growing convergence between crypto-native strategies and regulated, service-based industries. Whether the model will be replicated widely depends on both the execution of this merger and the market’s reception to a hybrid of digital assets and traditional care services.