KindlyMD Inc. (NASDAQ:NAKA) announced it has acquired 5,744 Bitcoin (CRYPTO: BTC) through its subsidiary Nakamoto Holdings, raising its total treasury to 5,765 BTC.
What Happened: The purchase, valued at $679 million at a weighted average price of $118,204.88 per Bitcoin, marks the company’s first acquisition since completing its merger with Nakamoto earlier this month, the company announced.
“This acquisition reinforces our conviction in Bitcoin as the ultimate reserve asset for corporations and institutions alike,” said David Bailey, CEO and Chairman of KindlyMD. …