Nakamoto Inc. Rebrands to Align with Bitcoin Strategy, Holds Over $500 Million in Bitcoin Treasury
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Businesswire
- Corporate Rebranding: Nakamoto Inc. has changed its name from KindlyMD, Inc. to Nakamoto Inc. to better align with its long-term strategy in the Bitcoin ecosystem, thereby eliminating ambiguity around the company's objectives.
- Bitcoin Treasury Accumulation: Since implementing its Bitcoin-focused strategy, Nakamoto has accumulated a Bitcoin treasury worth over $500 million and made strategic investments across multiple international markets, demonstrating its strong financial position in the Bitcoin sector.
- Subsidiary Operations: The healthcare business will continue operations through its wholly-owned subsidiary Kindly LLC, ensuring a clear division between healthcare and Bitcoin operations, which enhances overall operational efficiency.
- Future Development Plans: Nakamoto aims to build a global portfolio of Bitcoin-native companies through disciplined capital accumulation and acquisitions, intending to provide commercial and financial infrastructure for the next generation of capital markets.
Analyst Views on NAKA
Wall Street analysts forecast NAKA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NAKA is 1.25 USD with a low forecast of 1.00 USD and a high forecast of 1.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.457
Low
1.00
Averages
1.25
High
1.50
Current: 0.457
Low
1.00
Averages
1.25
High
1.50
About NAKA
Kindly MD, Inc. is a Bitcoin-native holding company. The Company focuses on both healthcare and Bitcoin treasury management. It is focused on holistic pain management and reducing the impact of the opioid epidemic. Its specialty outpatient clinical services are reimbursed by Medicare, Medicaid, and commercial insurance contracts, as well as offered on a fee-for-service basis. The Company offers both in-person and telemedicine options for patients. It provides management of pain, functional medicine, cognitive behavioral therapy, addiction, recovery support services, overdose education efforts, peer support, limited urgent care, preventative medicine, medically managed weight loss, and hormone therapy. Its services include mental health, medical cards, medication management, sleep support, pain treatment, and weight loss. It operates the Bitcoin financial services line of business under the Nakamoto brand. Its wholly owned subsidiary is Nakamoto Holdings Inc.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
