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Nakamoto Holdings Prepares Imminent $760 Million Bitcoin Purchase Ahead of Kindly MD Merger

David Bailey says about $760 million will be deployed in a single volume-weighted order after merger approvals complete

Trump's Bitcoin advisor David Bailey to execute $1B Bitcoin buy
david bailey
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Overview

  • Bailey’s initial $1 billion claim was a rounded figure and the actual committed capital stands at roughly $760 million.
  • The merger with Nasdaq-listed Kindly MD is set to close imminently, giving the new public company access to capital earmarked for Bitcoin acquisitions.
  • Nakamoto currently holds just 21 BTC and could add over 6,400 coins at current prices, propelling it into the upper ranks of corporate holders.
  • Executives plan to execute the bulk purchase via a volume-weighted average price algorithm to limit market impact, though timing and regulatory clearances remain pending.
  • Bailey’s role as a crypto adviser to President Trump and his plans for a pro-Bitcoin political action committee highlight the venture’s political as well as financial objectives.