David Bailey’s Nakamoto ends healthcare business, goes all-in on Bitcoin
CRYPTOCURRENCY

David Bailey’s Nakamoto ends healthcare business, goes all-in on Bitcoin

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Nakamoto announced that its legacy healthcare clinics halted operations on June 19, 2026, and that the remaining administrative procedures will be completed in the third quarter of the year.

Shift From Healthcare to Bitcoin

Originally launched as KindlyMD, the firm specialized in pain‑management services before merging with Nakamoto Holdings in 2025. The merger redirected the business toward Bitcoin treasury activities, and a public rebrand to Nakamoto followed in early 2026. Today, the Nasdaq‑listed company functions solely as a Bitcoin‑focused enterprise, offering media, asset‑management, and consulting services.

Acquisitions and Treasury Holdings

In 2026, Nakamoto broadened its scope by acquiring $BTC Inc. and UTXO Management through all‑stock transactions, integrating Bitcoin Magazine, the Bitcoin Conference, and a dedicated asset‑management platform into its portfolio. The company reported a Bitcoin treasury of roughly 5,058 BTC at the close of March 2026, which later contracted to about 4,467 BTC after asset sales aimed at reducing debt and financing costs. These moves position Nakamoto as a prominent player for investors seeking exposure to Bitcoin, blockchain media, and crypto‑related consulting.