Nakamoto Holdings Raises $51.5M to Expand BTC Treasury
From Cointelegraph
June 21, 2025 03:16:00 AM:
Nakamoto Holdings, led by Trump’s crypto adviser, secures $51.5M in fresh capital through a PIPE deal, reflecting strong investor demand for Bitcoin accumulation. KindlyMD’s total funding reaches $563M with financing priced at $5.00 per share, aiming to acquire more Bitcoin.
Nakamoto launches to build a Bitcoin treasury, following similar corporate strategies. Proceeds from the financing will fund Bitcoin purchases and merger with KindlyMD, expected to close in Q3 2025. Shareholders approve the merger, aiming to develop Bitcoin-native companies and increase Bitcoin holdings.
27 organizations add Bitcoin to their treasuries in the past month, according to BitcoinTreasuries.NET. Analysts caution smaller firms may lack proper safeguards, posing liquidation risks if BTC drops below $90,000. Standard Chartered warns of reputational challenges if companies face liquidation due to Bitcoin price fluctuations.
Read more at Cointelegraph: Nakamoto Holdings Raises $51.5M to Expand BTC Treasury