Nakamoto and KindlyMD merge to launch Bitcoin treasury strategy According to Golden Finance, Bitcoin holding company Nakamoto and KindlyMD in Utah have officially completed their merger and will launch a Bitcoin treasury strategy under the name KindlyMD. BTC Inc. co-founder David Bailey has been appointed as the new CEO of the company. The company plans to accumulate Bitcoin through stocks, debt, and other financing methods. KindlyMD has raised $540 million through private equity and expects to complete a $200 million convertible bond issuance tomorrow.