Kindly MD, Inc. (NASDAQ: NAKA) has announced it has secured an additional $51.5 million in private placement financing to its Bitcoin treasury strategy, as it prepares to merge with Bitcoin-native holding company Nakamoto Holdings Inc.

Nakamoto has raised an additional $51.5M in PIPE investment this morning. This brings our treasury to $763M in escrow, pending approval of our merger with KindlyMD.

— Nakamoto (@nakamoto) June 20, 2025

To date, KindlyMD has raised a total of approximately $563 million in PIPE financing and $763 million including convertible notes, according to the announcement.

“Investor demand for Nakamoto is incredibly strong. This additional financing…

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