---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-012417"
form_type: "8-K"
ticker: "NAKA"
cik: "0001946573"
company_name: "Nakamoto Inc."
filed_at: "2025-05-27T23:59:59+00:00"
generated_at: "2026-05-20T11:39:19.444329+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Kindly MD buys 21 Bitcoin (~$2.3M) using warrant proceeds; merger with Nakamoto pending

## Summary
- Purchased 21 Bitcoin at $109,027/btc for total ~$2.3M from warrant exercise proceeds.
- Since May 12, 2025, raised $8.7M via warrant exercises; issued 1,437,362 shares.
- Bitcoin purchase aligns with proposed merger with Nakamoto Holdings, a Bitcoin treasury company.
- CEO Tim Pickett cites investor support for merger and confidence in Bitcoin as store of value.
- Company aims to become leading public market Bitcoin treasury upon merger close.

## SEC filing metadata
- accession: 0001641172-25-012417
- form_type: 8-K
- ticker: NAKA
- cik: 0001946573
- company_name: Nakamoto Inc.
- filed_at: 2025-05-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1946573/000164117225012417/0001641172-25-012417-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1946573/000164117225012417/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-012417
- JSON: https://secwatch.observer/filing/0001641172-25-012417.json
- Plain text: https://secwatch.observer/filing/0001641172-25-012417.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.