The combined company will aim both to accumulate bitcoin and grow the bitcoin owned on a per share basis, or "Bitcoin Yield," through a variety of equity, debt, and other offerings, according to a statement on Monday.
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David Bailey's Nakamoto to merge with KindlyMD, raise $710 million to start bitcoin treasury strategy
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The company created by the merger of Nakamoto and KindlyMD will focuse on a Bitcoin treasury strategy aiming to accumulate Bitcoin and increase its “bitcoin yield” per share by issuing equity, debt, and hybrid financial instruments
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