Trump’s Crypto Adviser’s Quixotic Quest To Build A Leading Bitcoin Bank
David Bailey, CEO of KindlyMD
KindlyMD
Bitcoin Magazine publisher David Bailey believes he can turn a tiny Utah healthcare clinic into the Berkshire Hathaway of bitcoin. The stock market isn’t buying it.
It’s been in David Bailey’s words, “a Saving Private Ryan-style combat.” Over the past six months, the 35-year-old CEO of Nakamoto Holdings, a digital asset treasury firm he built to house corporate bitcoin reserves, has watched his boldest bet yet—a merger with a small publicly traded Utah healthcare company called KindlyMD—go from triumph to trial.
“I’ve been too busy getting my ass kicked in the stock market,” he says, referring to the firm’s share price that has plummeted from $25 to 92 cents in six…
