Bitcoin Price Soars Above $120K As Nakamoto Prepares $760 Million BTC Buy Post-Merger

Discover insights within the Crypto house. This article dives into: “Bitcoin Price Soars Above $120K As Nakamoto Prepares $760 Million BTC Buy Post-Merger”.

The value of Bitcoin went above $122,286 at this time as an enormous new purchaser nears coming into the market. All eyes are on Nakamoto Holdings Inc., the Bitcoin-native holding firm set to finish its long-anticipated merger with healthcare supplier KindlyMD (NASDAQ: NAKA). Once the merger is full, Nakamoto might be cleared to start buying bitcoin with over $760 million in capital.

The firms confirmed on July 22 that they’ve filed a definitive info assertion with the U.S. Securities and Exchange Commission, marking the ultimate step earlier than closing. “Filing the definitive information statement is a critical milestone for this merger and accelerates our mission of acquiring one million Bitcoin,” mentioned David Bailey, Founder and CEO of Nakamoto. “I’m very proud of the teams’ collaboration at Nakamoto and KindlyMD to get us one step closer to closing the merger.”

Ever since entering into Bitcoin I’ve all the time had this dream of smash shopping for $1b of bitcoin in a single bid. Tomorrow that dream comes true.

Gotta begin dreaming larger

— David Bailey $1.0mm/btc is the ground (@DavidFBailey) August 11, 2025

“We are proud to reach this important milestone alongside Nakamoto,” added Tim Pickett, Founder and CEO of KindlyMD. “Our shareholders now have the opportunity to be part of a groundbreaking shift in how public companies approach treasury management, with Bitcoin at the center.”

Once finalized, the merger will permit Nakamoto to aggressively pursue its bitcoin acquisition technique. The firm made its first transfer earlier this 12 months when KindlyMD bought 21 BTC for $2.3 million. “A symbolic number to start the $NAKA mission,” Nakamoto posted on X. Pickett expanded on this buy through the firm’s Q2 earnings report, stating: “During the quarter we received approximately $9.2 million in proceeds from warrants exercises, which allowed us to make an initial purchase of 21 BTC valued at $2.25 million as of June 30, 2025.”

“We have a one-of-a-kind strategy at Nakamoto, once you see it in action you’ll understand why we’ll be one of the top holders of Bitcoin in the world,” Bailey mentioned at this time. “We’re building a Bitcoin juggernaut.”

To additional strengthen its management, Nakamoto introduced final week the appointment of Amanda Fabiano as Chief Operating Officer. Fabiano, former Head of Mining at Galaxy Digital and Director of Bitcoin Mining at Fidelity Investments, brings over a decade of expertise to the position. “We are thrilled to add Amanda to the Nakamoto team,” mentioned Bailey. “Her track record of building institutional infrastructure and driving execution across complex organizations will provide immediate value.”

Fabiano added, “I am excited to join Nakamoto at such a pivotal time in its growth. Nakamoto is transforming bold ideas into real-world impact and pushing the frontier of institutional Bitcoin adoption.”

With the merger’s closing doubtless imminent, Bitcoin market contributors are watching intently as Nakamoto prepares to deploy over $760 million into BTC—probably including main shopping for stress within the days forward.

Bitcoin will turn out to be essentially the most invaluable asset in human historical past.@nakamoto technique = Get as many as you may, as quick as you may.

— David Bailey $1.0mm/btc is the ground (@DavidFBailey) August 8, 2025

Disclosure: Nakamoto is in partnership with Bitcoin Magazine’s guardian firm BTC Inc to construct the primary world community of Bitcoin treasury firms, the place BTC Inc offers sure advertising companies to Nakamoto. More info on this may be discovered right here. 

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