Bitcoin Journal
Bitcoin Value Soars Above $120K as Nakamoto Prepares $760 Million BTC Purchase Put up-Merger
The worth of Bitcoin went above $122,286 immediately as a large new purchaser nears getting into the market. All eyes are on Nakamoto Holdings Inc., the Bitcoin-native holding firm set to finish its long-anticipated merger with healthcare supplier KindlyMD (NASDAQ: NAKA). As soon as the merger is full, Nakamoto might be cleared to start buying bitcoin with over $760 million in capital.
The businesses confirmed on July 22 that they’ve filed a definitive info assertion with the U.S. Securities and Alternate Fee, marking the ultimate step earlier than closing. “Submitting the definitive info assertion is a vital milestone for this merger and accelerates our mission of buying a million Bitcoin,” stated David Bailey, Founder and CEO of Nakamoto. “I’m very happy with the groups’ collaboration at Nakamoto and KindlyMD to get us one step nearer to closing the merger.”
Ever since moving into Bitcoin I’ve all the time had this dream of smash shopping for $1b of bitcoin in a single bid. Tomorrow that dream comes true.
Gotta begin dreaming larger
— David Bailey
$1.0mm/btc is the ground (@DavidFBailey) August 11, 2025
“We’re proud to achieve this vital milestone alongside Nakamoto,” added Tim Pickett, Founder and CEO of KindlyMD. “Our shareholders now have the chance to be a part of a groundbreaking shift in how public firms method treasury administration, with Bitcoin on the heart.”
As soon as finalized, the merger will permit Nakamoto to aggressively pursue its bitcoin acquisition technique. The corporate made its first transfer earlier this 12 months when KindlyMD bought 21 BTC for $2.3 million. “A symbolic quantity to begin the $NAKA mission,” Nakamoto posted on X. Pickett expanded on this buy in the course of the firm’s Q2 earnings report, stating: “Through the quarter we obtained roughly $9.2 million in proceeds from warrants workout routines, which allowed us to make an preliminary buy of 21 BTC valued at $2.25 million as of June 30, 2025.”
“We’ve got a one-of-a-kind technique at Nakamoto, when you see it in motion you’ll perceive why we’ll be one of many prime holders of Bitcoin on the earth,” Bailey stated immediately. “We’re constructing a Bitcoin juggernaut.”
To additional strengthen its management, Nakamoto introduced final week the appointment of Amanda Fabiano as Chief Working Officer. Fabiano, former Head of Mining at Galaxy Digital and Director of Bitcoin Mining at Constancy Investments, brings over a decade of expertise to the position. “We’re thrilled so as to add Amanda to the Nakamoto group,” stated Bailey. “Her observe report of constructing institutional infrastructure and driving execution throughout complicated organizations will present fast worth.”
Fabiano added, “I’m excited to hitch Nakamoto at such a pivotal time in its progress. Nakamoto is remodeling daring concepts into real-world influence and pushing the frontier of institutional Bitcoin adoption.”
With the merger’s closing seemingly imminent, Bitcoin market individuals are watching intently as Nakamoto prepares to deploy over $760 million into BTC—doubtlessly including main shopping for stress within the days forward.
Bitcoin will turn into probably the most invaluable asset in human historical past.@nakamoto technique = Get as many as you may, as quick as you may.
— David Bailey
Disclosure: Nakamoto is in partnership with Bitcoin Journal’s father or mother firm BTC Inc to construct the primary world community of Bitcoin treasury firms, the place BTC Inc gives sure advertising and marketing providers to Nakamoto. Extra info on this may be discovered right here.
This submit Bitcoin Value Soars Above $120K as Nakamoto Prepares $760 Million BTC Purchase Put up-Merger first appeared on Bitcoin Journal and is written by Nik.
