Mercy with Trump Adviser, Checks David Billy Nakamoto

shares Cute 600 % rose on Monday after the healthcare company announced a merger with Nakamoto Holdings, a Bitcoin The investment company founded by David Billy, a major encrypted currency advisor to the president Donald Trump.

The newly formed company received $ 200 million of convertible debt and $ 510 million of Capital Capital through a special investment deal (PIPE), as shares are offered at $ 1.12 each.

The Rise drew attention to the support of more than 200 investors, including Actai Ventures, Arrington Capital, BSQ Capital Partners, Kingsway, Van ECK and Yorkville Advisors.

Read the list of individual investors such as Whin of Bitcoin – Cryptographer Adam Back; Balji Surinifasan, former Coinbase executive; Jihan Wu, co -founder of Bitmain; Ricardo Salinas, Mexican billionaire who has become one of the most supportive supporters of Bitcoin.

Bitcoin was trading over $ 104,000 on Monday morning. Barazi currency prices 100,000 dollars Thursday for the first time since February.

BidlyMd shares will continue to trade under the “KDLY” index. The joint company expects to rename it and will get a new code.

Nakamoto, led by Pelly as CEO, will focus on obtaining Bitcoin and his contract – a strategy that has become common among investment companies that seek to convert their shares into a direct bet on the price of encoded currency.

“We believe that the future will come as it holds every general – general or private budget,” Billy said in a press statement.

Billy is not the first to chase this model. Michael Sailor Strategy (Previously Microstrategy) transformed itself from a software company to Bitcoin Holding Company in 2020, converting its cash reserves into Bitcoin and watching Its stock It rises with the high value of bitcoin.

But KIDLYMD invasion in Crypto is strange, since the company built its brand about combating opioid addiction with comprehensive health services.

“This integration represents a strategic leap for BidlyMd, allowing us to expand our mission,” said Bidilymd. “Nakamoto brings a deep experience in Bitcoin strategy and unparalleled access to prominent experts at Bitcoin Treasury Management.”

Picky, who will continue to oversee Kidlymd health care, has insisted that clinics will keep their focus on treating opioid addiction and providing first patient care.

“It is a bold new vision that will pay a long -term value to our shareholders,” Beckett added.

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