Nakamoto Closes Down Its Medical Clinic and Fully Transitions to a Bitcoin Operations Company
According to The Block, Nakamoto Inc., a Bitcoin treasury company founded by David Bailey, announced that its medical clinic officially ceased operations on June 19, completing the full divestiture of the healthcare business it inherited through its prior merger with KindlyMD. The company stated it will now focus exclusively on three core business segments: Bitcoin media and events, asset management, and advisory services. As of June 23, Nakamoto held 4,467 BTC, valued at approximately $278.5 million; however, the company reported a net loss of $238.8 million for Q1 2026, primarily attributable to non-cash losses on its Bitcoin holdings.
