Nakamoto announces a complete transformation of the Bitcoin operating company
By: rootdata|2026/06/23 18:42:00
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Nakamoto Inc., a Bitcoin treasury company led by entrepreneur David Bailey, announced that its medical clinic ceased operations on June 19, completing the liquidation of legacy medical businesses inherited from its merger with KindlyMD in 2025. This exit marks the nearing end of Nakamoto's transition to a Bitcoin-centric operational model— the company will focus on three main business segments: media and information services, asset management, and consulting services, to build a recurring revenue system.
CEO Bailey stated that the company has established a differentiated platform that includes a globally leading Bitcoin media and events platform, a continuously growing asset management business, and consulting practices, now fully focused on scalability and long-term shareholder value. Nakamoto is one of the Bitcoin treasury companies that emerged in 2025, rising alongside Tether and Strike founder Jack Mallers' Twenty One Capital. Nakamoto obtained approximately $540 million in PIPE financing through its merger with KindlyMD to purchase Bitcoin, and as of today holds 4,467 BTC, valued at approximately $278.5 million.
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