KindlyMD Acquires 21 Bitcoin Ahead of Merger with Nakamoto.
KindlyMD Inc. has acquired 21 bitcoin for approximately $2.3 million as part of its treasury strategy.
The company plans to merge with Nakamoto Holdings to pursue a bitcoin accumulation strategy similar to that of Strategy’s.
The merger, expected to close in the third quarter of 2025, includes a partnership with Anchorage Digital for custody and trading services.
Metaplanet Issues $50mn In New Debt To Buy More Bitcoin.
Japanese investment company Metaplanet is raising $50 million through a private placement of zero-interest bonds as part of its strategy to increase its Bitcoin exposure.
In a May 28 announcement, the company said it was raising $50 million through bonds. The bonds are issued in $1.25 million denominations and carry no interest.
Investors will not receive regular payments, with any potential profit expected to come from the bonds’ redemption value.
The bonds are unsecured and not guaranteed, with neither a bond administrator nor collateral.
Jack Dorsey’s Block To Bring Bitcoin Payments To Square By 2026.
Jack Dorsey’s financial services firm Block, Inc. will launch Bitcoin payments on Square, its payments processing arm, with a rollout to begin later this year before a full launch in 2026.
The company announced the plan at the Bitcoin 2025 conference in Las Vegas on May 27, where Block demonstrated the feature at the BTC Inc. merchandise store.
Merchants will be able to accept Bitcoin payments through existing Square hardware using the Lightning Network, Bitcoin’s faster, lower-cost layer-2 scaling network.
Nasdaq Files For 21Shares Sui ETF.
Nasdaq has filed for crypto asset manager 21Shares to list a spot Sui exchange-traded fund (ETF) in the US, initiating the Securities and Exchange Commission’s review process.
The stock market’s May 23 19b-4 filing, which asks the SEC to list the 21Shares SUI ETF, follows 21Shares’ April 30 submission of its S-1 registration statement to the SEC, which asked the regulator to approve trading of the proposed fund.
The SEC must decide on 21Shares’ application by Jan. 18, 2026, at the latest.
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