Crypto Tycoon’s SPAC Play: David Bailey’s Nakamoto Holdings Skyrockets 650% After KindlyMD Merger

BTCC / BTCC Square / Coindesk /

Author:

Release Time:

2025-05-12 13:03:54

David Bailey’s Nakamoto Holdings Going Public Via Merger With KindlyMD; Shares Soar 650%

Wall Street’s latest SPAC circus sees Bitcoin maximalist David Bailey cashing in—Nakamoto Holdings’ reverse merger with Utah-based KindlyMD sends retail traders into a frenzy. Shares moon 650% on pure hopium, proving yet again that ’blockchain adjacency’ is the only growth metric that matters in 2025.

The deal: A cannabis-friendly healthcare provider meets a crypto holding company in what analysts are calling ’the most 2025 merger ever.’ Who needs fundamentals when you’ve got a Bitcoin OG’s name on the prospectus?

Bonus cynicism: Another day, another shell company getting a 10x bump by slapping ’digital assets’ in its SEC filing. The bulls are charging—just don’t ask where the revenue’s coming from.

By:

Log in to Reply

Bitcoin Outshines Gold as U.S.-China Trade Thaw Fuels Crypto Rally

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.