Bitcoin Price Soars Above $120K As Nakamoto Prepares $760 Million BTC Buy Post-Merger

The price of Bitcoin went above $122,286 today as a massive new buyer nears entering the market. All eyes are on Nakamoto Holdings Inc., the Bitcoin-native holding company set to complete its long-anticipated merger with healthcare provider KindlyMD (NASDAQ: NAKA). Once the merger is complete, Nakamoto will be cleared to begin purchasing bitcoin with over $760 million in capital.

The companies confirmed on July 22 that they have filed a definitive information statement with the U.S. Securities and Exchange Commission, marking the final step before closing. “Filing the definitive information statement is a critical milestone for this merger and accelerates our mission of acquiring one…

Read more on BitcoinMagazine

111.3K Reads