💞 #Gate Square Qixi Celebration# 💞
Couples showcase love / Singles celebrate self-love — gifts for everyone this Qixi!
📅 Event Period
August 26 — August 31, 2025
✨ How to Participate
Romantic Teams 💑
Form a “Heartbeat Squad” with one friend and submit the registration form 👉 https://www.gate.com/questionnaire/7012
Post original content on Gate Square (images, videos, hand-drawn art, digital creations, or copywriting) featuring Qixi romance + Gate elements. Include the hashtag #GateSquareQixiCelebration#
The top 5 squads with the highest total posts will win a Valentine's Day Gift Box + $1
KindlyMD makes a generous acquisition of 679 million dollars to acquire 5,744 Bitcoins! Nakamoto's reserves expand to nearly 5,765 coins.
On August 19, Nasdaq-listed company KindlyMD (NASDAQ: NAKA) announced that it had made a one-time acquisition of 5,743.91 Bitcoins through its wholly-owned subsidiary Nakamoto Holdings, raising its total Holdings to 5,764.91 coins. This is the company's first Bitcoin purchase since completing its merger with Nakamoto Holdings, with a total transaction amount of 679 million USD and an average price of 118,204.88 USD/coin.
First Major Acquisition: $679 Million Purchase of Bitcoin
Acquisition quantity: 5,743.91 coins BTC
Total Holdings: 5,764.91 BTC
Average price: 118,204.88 USD/coin
Total Amount: Approximately 679 million USD
Source of funds: PIPE (Private Investment in Public Equity) earnings
David Bailey, CEO and Chairman of KindlyMD, stated that this transaction further solidifies the company's belief in Bitcoin as the "ultimate reserve asset for businesses and institutions" and reaffirms the grand goal of accumulating 1 million Bitcoins in the long term.
Long-term Strategy: Goal of 1 Million Bitcoins
Bailey emphasized that KindlyMD's mission is to create "the most trusted and transparent Bitcoin fund management tool," and believes that Bitcoin will lead a new era of global finance.
He said: "Our long-term mission to accumulate 1 million Bitcoins embodies our firm belief in the future role of Bitcoin."
Company Background and Strategic Merger
KindlyMD: A patient-centered healthcare company that integrates primary care, pain management, behavioral health, and alternative therapies.
Nakamoto Holdings: A Bitcoin native holding company focused on integrating Bitcoin into the global capital markets.
August 2025 Merger: KindlyMD and Nakamoto Holdings complete their merger, becoming a publicly traded Bitcoin fund management company that combines medical innovation and Bitcoin capital management.
Market Impact and Outlook
The acquisition occurred during a period of high volatility in Bitcoin prices, and KindlyMD's large-scale purchase is seen as a signal of institutional long-term bullish sentiment.
Insights into the market:
· Institutional-level funds continue to flow into Bitcoin
· The acceptance of Bitcoin as a corporate reserve asset is increasing.
Future Trends:
· Continuously accumulate BTC reserves
· Promote the global application of Bitcoin fund management tools
Conclusion
KindlyMD acquired nearly 5,744 Bitcoins for $679 million, marking not only the first major move after the merger but also a crucial step towards its goal of a reserve of 1 million BTC. As more companies incorporate Bitcoin into their balance sheets, the wave of institutional adoption may accelerate, further solidifying Bitcoin's status as "digital gold."