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Wu learned that Nakamoto Holdings, KindlyMD (NASDAQ: KDLY), and Anchorage Digital announced a strategic collaboration to promote corporate Bitcoin adoption. Anchorage Digital is the only federally chartered digital asset bank in the U.S. and will provide custody and trading services for its Bitcoin reserves after the merger between Nakamoto and KindlyMD is completed. Nakamoto and KindlyMD plan to establish a Bitcoin reserve strategy through the merger, having secured $710 million in financing, including $510 million in PIPE financing, setting a record for the largest PIPE in the public markets of the encryption field.

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