Nakamoto Holdings increased $ 51.5m to expand BTC Treasury

According to a statement by a western partner Kindleem, Bitcoin Holding Company Nakamoto Holdings, established by US President Donald Trump’s Crypto Advisor, David Bailey, has obtained $ 51.5 million in Fresh Capital through a private placement in the public equity (pipe) deal.

Belly said that the new fund was raised in less than 72 hours, which shows the rising investor for Nakamoto’s bitcoin (BTC) Custration strategy.

“Investor demand for Nakamoto is incredibly strong,” belly Said“We continue to execute our strategy to raise as much capital as possible to get as much bitcoin as possible.”

Financing, the price of $ 5.00 per share, brings the total funding of Kindlemdi to about $ 563 million, and convertible notes in $ 763 million.

Connected: Europe’s first bitcoin treasury firm buys another $ 20m BTC, now more than $ 170m

Nakamoto launched to create bitcoin treasury

Nakamoto’s approach aims to take advantage of BTC as a reserved asset used by other corporate institutions. The company was launched with a clear goal of building a large bitcoin treasury earlier this year, even a wider market spirit is mixed.

Income from the latest round will be mainly used to purchase bitcoin, as well as working capital and general corporate needs. The pipe financing is ready to close with the anticipated merger with the Kindleem, which trades under the ticker naka on Nasdaq.

Last month, healthcare services shareholders Approves merger with Nakamoto HoldingsBoth companies are planning to enter information details with SEC, with merger Q3 is expected to finalize in 2025.

Companies Announced the first merger On May 12, stating that the merged unit would use equity, loans and other offerings to develop a sleep of Bitcoin-origin companies. Additionally, the company will promote its treasure by depositing bitcoins.

Connected: Norwegian Crypto firm K33 1,000 BTC raising more money to buy BTC

Firm add bitcoin to the balance sheet

At least 27 organizations have Bitcoin added to their treasure In the last one month, according to data from bitcointreasuries.net, signaling continued to have interest in BTC among public companies.

However, some analysts suspect. Gomining Institutional Fakhul Mia Said that small firms can adopt bitcoin Out of need rather than strategy, there is a lack of potentially proper safety measures.