Odaily News Nakamoto Holdings, a bitcoin-native holding company founded by David Bailey, announced that it will merge with medical data company KindlyMD (NASDAQ: KDLY) to form a public market bitcoin treasury company and complete $710 million in financing, including $510 million in PIPE and $200 million in convertible bonds. The transaction is the largest bitcoin treasury financing to date. Driven by the news, KDLY's pre-market share price rose 650%, from $3.90 to $29. (CoinDesk)