Explore the latest trends in corporate Bitcoin treasuries with insights into KindlyMD's capital raise and Coinsilium's strategic Bitcoin accumulation.

KindlyMD, Bitcoin Treasury, and Capital Raise: A New York Perspective

The intersection of healthcare data, Bitcoin treasuries, and capital raises is heating up. Let's break down the key players and what their moves mean for the future of corporate crypto strategies.

KindlyMD's Bold Bitcoin Bet

KindlyMD, a Salt Lake City-based healthcare data firm, is making waves. Merging with Nakamoto, a Bitcoin-focused holding company, KindlyMD recently secured a hefty $51.5 million in a private placement equity financing round (PIPE). Priced at $5 per share, the offering was fully subscribed in under three days, according to Nakamoto CEO David Bailey. Their strategy is clear: "raise as much capital as possible to acquire as much bitcoin as possible." This latest raise brings their total to around $763 million, showcasing their commitment to a Bitcoin treasury strategy.

The Coinsilium Approach

Meanwhile, Coinsilium Group Limited, through its subsidiary Forza Gibraltar Limited, is also actively building its Bitcoin treasury. As of June 18, 2025, Forza! holds 32.8931 Bitcoin, with all purchases conducted in accordance with the company’s Bitcoin Treasury Policy. Coinsilium emphasizes its long-term view of Bitcoin as a reserve asset, backed by over a decade of experience in the digital asset sector.

The Strategy's Shadow

KindlyMD's strategy evokes memories of MicroStrategy (MSTR), the software firm known for its aggressive debt-fueled Bitcoin acquisitions. MicroStrategy holds a staggering 592,00 BTC, valued at over $62 billion. This move is part of a larger trend of public companies raising capital to establish crypto treasury strategies. The rise of Bitcoin corporate treasuries is undeniable.

A Word of Caution

Coinsilium has a sober reminder: investing in Bitcoin carries risks. The Financial Conduct Authority (FCA) views Bitcoin as high-risk and speculative, citing potential for extreme price volatility. Coinsilium acknowledges the lack of regulation, liquidity risks, and reputational concerns associated with cryptoassets. They advise investors to conduct thorough research and consider these risks before investing.

New York State of Mind: My Take

While the potential rewards of a Bitcoin treasury are substantial, the risks are equally significant. Companies should tread carefully, develop robust treasury policies, and ensure they have the expertise to navigate the volatile crypto market. Personally, I think that Bitcoin is here to stay, but these companies should watch out that they are not buying high and selling low.

The Bottom Line

The trend of companies adding Bitcoin to their treasuries is gaining traction. Whether it’s KindlyMD raising capital or Coinsilium strategically accumulating Bitcoin, the message is clear: crypto is becoming increasingly integrated into corporate finance. Keep an eye on these developments—it's going to be a wild ride!