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KindlyMD, a U.S. health-care company led by David Bailey, purchased 5,744 Bitcoin for roughly $678.9 million, paying an average $118,204.88 per coin. The transaction was executed on 19 August through its digital-asset subsidiary, Nakamoto. The acquisition raises KindlyMD’s Bitcoin treasury to about 5,765 BTC, its first addition since a recent merger involving the subsidiary. Management said the buy underscores the company’s long-term strategy of holding Bitcoin on its balance sheet.
🔥COMPANIES ARE STILL BUYING BITCOIN! David Bailey’s KindlyMD just grabbed 5,744 BTC worth $678.9M — clearly not a random number. Corporate demand for #Bitcoin isn’t slowing down⚡️ https://t.co/bmL2lhAcjm
KINDLYMD ACQUIRES 5,744 BTC WORTH $679 MILLION, TOTAL HOLDINGS NOW 5,765 BTC Healthcare firm KindlyMD has purchased 5,744 Bitcoin valued at $679 million, raising its total BTC holdings to 5,765. The move reflects a bold corporate bet on Bitcoin’s long-term value and positions https://t.co/jwwvgVOpp3 https://t.co/e955qXKAkw
NEW #Bitcoin BUY:💰KindlyMD acquires 5,744 $BTC for $679M through its subsidiary Nakamoto Holdings, reinforcing its mission to accumulate one million BTC. https://t.co/VHQC0bCmQd
