Nakamoto closes legacy clinics, completes Bitcoin pivot

Nakamoto Inc., a company that has pivoted from healthcare to focus exclusively on Bitcoin-related businesses, has formally closed its legacy medical clinics. The company announced that patient-facing operations ceased on June 19, marking the end of its healthcare business, which originated from its 2025 merger with KindlyMD.

The closure finalizes a strategic shift that began last year, positioning Nakamoto as a Bitcoin operating company. Its business model is now centered on three main areas: media and information services, asset management and financial services, and consulting and advisory work. The company said this structure is designed to generate recurring revenue.

Chairman and CEO David Bailey stated that with the clinics closed, Nakamoto is entirely focused on executing its Bitcoin strategy. He said the company has built a platform spanning leading Bitcoin media, a growing asset management business, and an advisory practice, and is now committed to scaling those operations to build long-term shareholder value.

The transition follows Nakamoto's merger with KindlyMD, a deal that included a private investment in public equity (PIPE) financing round that raised approximately...