KindlyMD’s subsidiary, Nakamoto, has committed $30 million to take part in Metaplanet’s global equity offering. This is Nakamoto’s largest single investment so far and its first investment in an Asian company with a bitcoin-focused treasury strategy.
The statement mentioned that the investment deal is set to close on September 16, with stock delivery expected the next day. Metaplanet is also issuing 385 million new shares to raise around $1.44 billion, mainly to buy more bitcoin.
Metaplanet, listed on the Tokyo Stock Exchange, is Japan’s first public company to use bitcoin as a primary treasury asset. It recently bought an additional 136 BTC for $15.2 million, bringing its total holdings to 20,136 BTC. This makes it the sixth-largest publicly traded company in the world in terms of bitcoin holdings.
On September 2, 2025, Metaplanet received shareholder approval to revise its capital structure. The company raised the authorized number of shares to 2.7 billion and implemented a dual-class preferred stock system.
David Bailey, CEO of KindlyMD, emphasized that Metaplanet’s focus on Bitcoin has made it a top public company in Japan and a global leader in corporate Bitcoin strategies. “We are proud to support their mission and believe this investment will further strengthen the global network of companies placing Bitcoin at the center of institutional finance,” he shared.
Nakamoto and KindlyMD Merger
In August, Nakamoto merged with KindlyMD, keeping the KindlyMD name and Nasdaq ticker NAKA. Bailey became CEO and Chairman, while former CEO Tim Pickett now serves as Chief Medical Officer and Director. Following the merger, KindlyMD made its first major entry into the crypto space by acquiring 5,743.91 BTC through its subsidiary, Nakamoto Holdings.
As per Yahoo Finance, following the announcement KindlyMD’s shares (NAKA) jumped 77.2% on Nasdaq, closing at $8.08. Despite a recent one-month decline of 43.4%, the stock is still up 551.6% for the year.
Also Read: Metaplanet raises $1.4B to fuel major Bitcoin buy
