Nakamoto, the Bitcoin treasury and investment company led by David Bailey, co-founder of BTC Inc., on Monday announced that its legacy healthcare clinics stopped operating on June 19, 2026, with final administrative steps expected in the third quarter.

The Nasdaq-listed firm now operates purely as a Bitcoin company across media, asset management, and consulting verticals.

Nakamoto shares rose about 4% in after-hours trading on Monday after closing the session down approximately 3%, per Yahoo Finance.

From healthcare to Bitcoin treasury

The company now known as Nakamoto Inc. began as KindlyMD, a healthcare provider focused on pain management and related services. In 2025, it merged with Nakamoto Holdings and pivoted into a Bitcoin treasury and operating company, with the public rebrand to Nakamoto following in early 2026.