Nakamoto Holdings, founded by Trump's cryptocurrency adviser, raises 71.4 billion won to boost Bitcoin investment

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Nakamoto Holdings, one of the leading institutions driving Bitcoin (BTC) investment in the United States, has raised new funds of $51.5 million (approximately 71.4 billion won) to strengthen its investment strategy. This investment was made through a PIPE (Private Investment in Public Equity) method in the form of listed company equity investment in an unlisted company, which was officially announced by its merger partner KindlyMD. Nakamoto Holdings is a company established by David Bailey, the cryptocurrency advisor to former President Trump.

Bailey stated in a statement that "this fundraising took less than 72 hours" and "investor demand for Bitcoin purchasing strategy is very strong". He added that he continues to execute a strategy to secure the maximum possible funds to acquire more Bitcoin.

With this fundraising, KindlyMD's total cumulative funding amount reaches $563 million (approximately 783.3 billion won), and including convertible bonds, the scale reaches $763 million (approximately 1.0616 trillion won). This is interpreted as reflecting the market's high expectations for Nakamoto Holdings' aggressive Bitcoin accumulation plan.

Meanwhile, separately, CoinMarketCap continues to investigate the recent incident of its website being exposed to phishing fraud, and the Wyoming state government has officially selected Aptos and Sei, based on Solana, as official partners for its public-led stablecoin pilot project.

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#Bitcoin#InstitutionalInvestment#Trump#StartupFunding#Cryptocurrency

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