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Murtuza J Merchant

KindlyMD Expands Bitcoin Treasury With $679 Million Acquisition

Bitcoin COIN Naka Nasdaq Crypto

Bitcoin,Vs,Dollar,,United,States,Banknote,Dollar,Burning,On,The

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.

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