$BTC

KindlyMD (NAKA) raised an additional $51.5 M for its Bitcoin-based treasury strategy. It now accumulates $763 M in capital, awaiting a merger with Nakamoto Holdings.

BlackRock, through its ETF IBIT, has accumulated 3.25 % of the total BTC supply, with nearly $70 B in assets under management. This reflects the continued influx of institutional capital, while retail seems to be slowing down.

Parataxis will launch a Bitcoin treasury platform for institutional investors in South Korea, acquiring a stake of around $18.5 M in Bridge Biotherapeutics.