TechFlow News, June 23: According to The Block, Nakamoto Inc., a Bitcoin treasury company founded by David Bailey, announced on June 19 that its medical clinic had officially ceased operations, completing the full divestiture of the healthcare business it inherited through its prior merger with KindlyMD. The company stated it will now focus exclusively on three core business areas: Bitcoin media and events, asset management, and advisory services. As of June 23, Nakamoto held 4,467 BTC, valued at approximately $278.5 million; however, the company reported a net loss of $238.8 million for Q1 2026, primarily attributable to non-cash losses on its Bitcoin holdings.
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