Shares of KindlyMD skyrocketed 600% Monday after the healthcare company announced a merger with Nakamoto Holdings, a bitcoin investment company founded by David Bailey, a key cryptocurrency advisor to President Donald Trump. Nakamoto, led by Bailey as CEO, will focus on acquiring and holding bitcoin — a strategy that has become popular among investment firms seeking to turn their stock into a direct bet on the cryptocurrency’s price. Bailey isn’t the first to chase this model. But KindlyMD’s foray into crypto is even stranger, given that the company built its brand around combating opioid addiction with holistic health services.
Read the full article: KindlyMD Shares Skyrocket 600% After Merger with Trump Crypto Advisor David Bailey’s Bitcoin Investment Company //
Source: https://www.cnbc.com/2025/05/12/kindlymd-trump-crypto-david-bailey-nakamoto.html