KindlyMD Bitcoin Buy: 5,744 BTC for $679M, Dey Eye 1M BTC
KindlyMD buy Bitcoin na imark di healthcare company first big deal since dem merge wit Nakamoto Holdings. KindlyMD buy 5,744 BTC for $679 million, or about $118,204 per coin, pay from $540 million for PIPE financing. Dis bring dem total holding to about 5,765 BTC, make dem be di 16th biggest company wey hold am. CEO David Bailey, wey be former Trump campaign adviser, call Bitcoin di ultimate institutional reserve asset and wan build 1 million BTC treasury under Nakamoto Bitcoin Treasury initiative. Future buy go mix cash flow and external funding. Bailey dey raise $200 million PAC to push Bitcoin work for US. Traders suppose look corporate collect to find possible bullish sign for Bitcoin.
Bullish
Di big-big buy wey KindlyMD make show say demand for Bitcoin from big companies strong, e fit make price go up. For short time, the 5,744 BTC them buy fit no too change price because Bitcoin get plenty money inside am, but e show say companies dey collect more. For long term, as the company wan get 1 million BTC and still dey buy with PIPE money, e mean say more big companies dey take Bitcoin serious, wey fit make price grow and market trust am.