Nakamoto Holdings, a company founded by Donald Trump’s crypto adviser David Bailey, has secured $51.5 million in new capital to expand its Bitcoin investment strategy. The funding was raised in less than 72 hours, highlighting strong investor demand and growing interest in Bitcoin as a treasury asset.

The money was raised through a private placement in public equity (PIPE) deal, according to KindlyMD, a company set to merge with Nakamoto Holdings. The move reflects a growing trend where businesses add Bitcoin to their balance sheets, treating it as a store of value or hedge against inflation.

Investors Show Strong Interest in Bitcoin Treasury Strategy

David Bailey, who is leading Nakamoto Holdings, said investor response was overwhelming. “Investor demand for Nakamoto is incredibly strong,” he stated. “We continue to execute our strategy to raise as much capital as possible to acquire as much Bitcoin as possible.”

The deal priced shares at $5.00 each, boosting KindlyMD’s total funding to $563 million—or $763 million including convertible notes.

This isn’t just a short-term play. Nakamoto Holdings was started earlier this year with a clear mission: to build a large Bitcoin reserve and lead the movement of corporate Bitcoin adoption. The latest funding round will mainly go toward buying more Bitcoin, while some will be used for general business needs and operational expenses.

Merger with KindlyMD and Future Plans

Nakamoto Holdings is expected to finalize its merger with KindlyMD in the third quarter of 2025. The combined company will trade on the Nasdaq under the ticker NAKA.

This merger has already been approved by KindlyMD’s shareholders. Once complete, the new entity will focus not only on building a Bitcoin treasury but also on starting Bitcoin-native companies, according to earlier reveal . It plans to use a mix of equity, debt, and other financial tools to support these projects.

Bitcoin on Corporate Balance Sheets: A Growing Trend

Nakamoto Holdings is just one of several companies betting big on Bitcoin. According to BitcoinTreasuries.NET, at least 27 companies have added Bitcoin to their treasuries in the last month alone.

Another example is a European firm that recently purchased $20 million worth of Bitcoin, bringing its total holdings to over $170 million. The trend shows that public and private companies alike are starting to view Bitcoin as a valuable asset to hold long term.

Experts Warn of Risks Despite Growing Popularity

Despite the growing trend, not everyone is convinced this strategy is without risks. Fakhul Miah, an analyst at GoMining Institutional, cautioned that smaller firms may be adopting Bitcoin out of necessity, possibly without the right financial protections in place.

Additionally, Standard Chartered issued a warning that if Bitcoin falls below $90,000, many of these firms could face liquidation risks. Such events could hurt their financial stability and damage public trust in Bitcoin’s role in corporate treasuries.

Nonetheless, with Bitcoin currently trading around $103,750, optimism remains strong—especially among firms like Nakamoto Holdings that have a long-term view and strategic backing.

What This Means for the Crypto Market

Nakamoto Holdings’ aggressive Bitcoin accumulation strategy is a signal that institutional interest in Bitcoin is far from slowing down. The fact that the firm raised over $50 million in less than three days speaks volumes about confidence in Bitcoin’s future—even in a market facing uncertainty.

For investors, it also suggests that Bitcoin may become an even bigger part of corporate financial planning in the near future. If more companies follow Nakamoto’s example, it could drive demand and impact Bitcoin’s price in the long run.

As the merger completes and the company begins deploying its fresh capital, all eyes will be on how Nakamoto Holdings builds its treasury—and whether others will follow its lead.