David Bailey’s Nakamoto Holdings Inc. completed its merger with KindlyMD, Inc. (NASDAQ: NAKA) on August 14, 2025, forming a publicly traded Bitcoin treasury vehicle.

The combined company, operating under the KindlyMD name, raised $540 million through a private placement in public equity (PIPE) financing and closed a $200 million convertible note offering, totaling $740 million. These funds are primarily intended for Bitcoin purchases to build a substantial treasury, with a long-term goal of acquiring one million BTC.

Currently, KindlyMD holds 21 Bitcoin, but plans to add approximately 4,544 more at current market prices, positioning it among the top 20 Bitcoin treasury firms. David Bailey, a Bitcoin advocate and former advisor to Donald Trump, serves as CEO and Chairman, with Tim Pickett, former KindlyMD CEO, now Chief Medical Officer.

SPACs provide a faster route for crypto firms to go public compared to traditional IPOs, which can take over six months and involve extensive regulatory scrutiny. The Nakamoto-KindlyMD merger, completed in weeks, exemplifies this speed, raising $740 million to fund Bitcoin purchases.

SPAC mergers like Nakamoto’s create publicly traded vehicles that offer investors indirect exposure to Bitcoin without the complexities of self-custody or direct crypto volatility. This is particularly appealing to institutional investors wary of unregulated crypto markets.

The Nakamoto-KindlyMD deal, backed by a $540 million PIPE and $200 million convertible note, demonstrates how SPACs attract institutional capital from firms like Galaxy Digital and Pantera Capital, broadening the investor base. SPACs bridge crypto and traditional finance by creating regulated equity vehicles that hold digital assets.

Nakamoto’s strategy mirrors MicroStrategy’s (now Strategy) model, which saw its market cap soar to over $120 billion by leveraging Bitcoin as a treasury asset. The SEC’s “Project Crypto” and its classification of Bitcoin and Ether as cash equivalents in 2025 have reduced regulatory barriers, encouraging more SPAC-driven crypto treasury firms.

Crypto treasury SPACs often trade at premiums over their net asset value (NAV), as seen with Strategy’s 200% premium. Nakamoto’s aim to build a one-million BTC treasury could similarly drive speculative investor interest, potentially inflating valuations. However, this premium is vulnerable to market downturns.

Critics like Jim Chanos and Nic Carter warn that these premiums may erode during bear markets, leaving retail investors exposed if token values drop. SPAC structures, including Nakamoto’s, involve significant shareholder dilution due to sponsor fees (often 20% of equity) and PIPE financing.

High redemption rates (95% in 2025 SPACs) can strain funding, as seen in broader market trends. The crypto market’s volatility, combined with speculative SPAC models, poses risks. Past crypto SPACs, like those targeting miners or exchanges, often underperformed, with 85% of SPACs trading below IPO price post-merger.

A more crypto-friendly regulatory environment under SEC Chairman Paul Atkins and pro-crypto policies from the Trump administration have boosted SPAC activity. Nakamoto’s merger benefits from this shift, as the SEC’s relaxed stance on Bitcoin as a cash equivalent eases treasury strategies.

How SPACs Are Shaping the Crypto Market

Unlike 2021 SPACs that targeted crypto exchanges or miners, 2025 SPACs, like Nakamoto-KindlyMD, focus on Bitcoin treasury strategies. This shift, inspired by Strategy’s success, emphasizes holding digital assets as a core business model, offering investors high-beta exposure to crypto price movements.

Examples include ProCap BTC’s $1 billion SPAC merger to buy 3,724 BTC and Cantor Equity Partners’ merger with Twenty One Capital, both prioritizing Bitcoin accumulation. The SPAC market raised $11 billion in 2025, with crypto-linked SPACs driving significant activity.

Nakamoto’s $740 million raise aligns with this trend, as boutique banks like Cohen & Co. and Cantor Fitzgerald lead deals, filling the gap left by major banks like Citigroup. This resurgence follows a “crypto winter” and SPAC bust, with 2025 deals matching 2024’s total capital raised, signaling renewed investor confidence.

SPACs enable crypto firms to use Bitcoin as collateral for loans, insurance, or other financial products, as seen in broader trends with companies like Bitcoin Standard Treasury Company. Nakamoto could adopt similar strategies to generate yield from its Bitcoin holdings, enhancing treasury stability.[](k SPAC boom, including deals like Nakamoto’s, may mirror the 2021 speculative frenzy.

Overexuberance could lead to inflated valuations unsupported by fundamentals, with 75% of 2025 SPAC mergers trading below IPO price. The Nakamoto-KindlyMD merger exemplifies how SPACs are reshaping the crypto market by enabling rapid public listings, attracting institutional capital, and legitimizing Bitcoin as a treasury asset.

This trend fosters integration with traditional finance, drives speculative premiums, and introduces innovative financial products. However, risks like dilution, volatility, and regulatory uncertainty persist. For Nakamoto, disciplined management of its $740 million war chest and transparent governance will be critical to sustaining investor confidence and avoiding the pitfalls of past SPAC failures.

XRP has had its moments in the spotlight, pulling in staggering gains and shaking up investor confidence. Now, Ozak AI steps into the arena, already in its fourth presale stage, selling at $0.005 per token. The project’s mix of AI innovation and blockchain tech has turned more than a few heads.

This is not just another presale. The $OZ token sale has already brought in over $1.8 million in Phase 4, with the token price now at $0.005—a 400% increase from its starting price of $0.001. Over 129 million $OZ tokens have been sold, hitting 81% completion of this phase, and the $1 million giveaway continues to lure in early supporters.

Add in its Decentralized Physical Infrastructure Network (DePIN) design and a partnership with AI heavyweight SINT, and suddenly, this isn’t just hype—it’s a calculated build for the long haul. The next stage will see the price rise to $0.01.

Ozak AI Blockchain Integration Is More Than an Excitement

Some projects slap AI and blockchain together like mismatched puzzle pieces. Ozak AI’s setup actually fits. Its DePIN backbone combines blockchain with IPFS, allowing secure, fail-resistant data storage across multiple nodes.

No single point of failure. No silent downtime. For industries that need real-time analytics and rapid response, that’s gold. Smart contracts handle permissions, ensuring every data transaction remains untampered.

Strategic Alliances Fuel Growth Potential

The tie-up with SINT is where the platform sharpens its edge. SINT’s neural processing models aren’t just plugged in, they’re woven into the system, upgrading automation and analytics speed. Then there’s the push for open-source SDKs. When third-party devs join in, use cases multiply. That means a self-growing network, driven by builders who see the potential and want a piece of it.

Ozak AI’s $1 million giveaway is more than a marketing hook. It’s bait for grassroots energy. Over 100, with six-figure prizes for the top spots, keep chatter alive and engagement steady. The presale terms, $100 in $OZ to qualify, don’t just raise funds, they filter for committed holders who will likely stick around. That stickiness is worth watching.

Why the Next 12 Months Could Tilt in Ozak AI’s Favor

XRP’s 250% surge was powered by adoption waves and legal clarity. Ozak AI has different fuel: AI’s accelerating demand and blockchain’s need for scalable, secure data solutions. It sits right where those two lines cross. If partnerships deepen, developer adoption grows, and real-world use cases stack up, the stage could be set for returns that make even XRP’s rally look tame.

For more information about Ozak AI, visit the links below:

Website: https://ozak.ai/

Twitter/X: https://x.com/OzakAGI

Telegram: https://t.me/OzakAGI

Ethereum has surged back into the spotlight with a 15% rally, sparking renewed interest as it approaches key resistance levels. Analysts are watching closely to see if this momentum can push the price into new territory, reinforcing its place among the strongest performers this year.

Dogecoin is also making headlines, with projections suggesting a move toward the $0.25 mark. Whale accumulation has been building, adding weight to the bullish outlook and keeping the meme coin firmly in the conversation.

Amid these familiar names, Cold Wallet ($CWT) is emerging as a powerful contender. Priced at $0.00998, its presale projects a staggering 4900% ROI at launch. Backed by real-world utility and a rewards-focused model, it offers a compelling mix of growth potential and practical value.

Ethereum Pushes Past $4,400 With Eyes on $4,800 Next

Ethereum’s climb beyond $4,400 has become one of the standout moves in 2025, fueled by higher on-chain activity and growing interest from institutional players. Its role at the heart of DeFi and NFT ecosystems, along with steady advancements in Layer 2 scaling, is keeping the bullish narrative alive.

Market signals are backing the uptrend, with rising moving averages and strong trading volume reinforcing the momentum. The next test sits near $4,800, and a clear break could put new all-time highs on the table, further solidifying Ethereum’s place among the best crypto to invest in.

Dogecoin Builds Momentum Toward the $0.25 Mark

Dogecoin’s current trajectory has traders watching the $0.25 level as a realistic target. Increased whale accumulation is signaling confidence in an extended rally, and this buying trend often precedes rapid price moves. The community’s involvement remains a defining strength, keeping DOGE relevant beyond its meme roots.

Merchant adoption is also playing a role, as more businesses integrate Dogecoin into payment systems, boosting its transactional use case. While price swings are part of its nature, the potential upside keeps DOGE in the running for those seeking high-reward plays within the best crypto to invest in category.

Cold Wallet Presale Blends Utility, Security, and a 4900% Upside

Cold Wallet is making a name for itself in 2025 by offering one of the most compelling combinations in the presale market. Priced at $0.00998 in Stage 17, the token carries a launch target of $0.3517, creating the potential for a remarkable 4900% return. This is not just a speculative figure, as the project’s foundation rests on a fully functional product designed for real-world use.

The Cold Wallet platform operates as a secure self-custody wallet that rewards users for their everyday crypto activities. From covering gas fees to rewarding swaps and on and off-ramp transactions, users earn CWT tokens simply by staying active within the ecosystem. A tiered loyalty system further boosts cashback percentages for long-term participants, promoting ongoing engagement and retention.

The project’s tokenomics are built for sustainability, with a total supply of 10 billion CWT and 40% allocated to the presale. Having already raised over $6.13 million, demand is increasing steadily as each stage pushes the price higher. This structure creates a clear incentive for early entry while ensuring long-term viability.

For those seeking the best crypto to invest in this year, Cold Wallet presents a rare blend of utility, security, and earning potential. Its approach positions it as both a strong presale opportunity and a long-term player in the digital asset space.

Quick Rundown

Ethereum’s recent rally reinforces its position as one of the best cryptocurrencies to invest in, supported by strong technical indicators and ongoing network expansion. The push above $4,400 could mark the start of a larger move if current momentum continues to build. Dogecoin is also holding its ground, with its vibrant community and favorable chart patterns keeping the $0.25 target within reach should accumulation remain steady.

Cold Wallet, however, introduces a different kind of opportunity. With its presale priced at $0.00998 and a projected 4900% ROI, it offers utility-driven rewards alongside significant upside. Combining established names with this high-potential newcomer could deliver a balanced yet aggressive growth strategy in 2025.

Explore Cold Wallet Now:

Presale: https://purchase.coldwallet.com/

Website: https://coldwallet.com/

X: https://x.com/coldwalletapp

Telegram: https://t.me/ColdWalletAppOfficial

Crypto in 2025 is shifting toward real utility and quick adoption over pure speculation. XRP’s outlook improved after the SEC dropped its case against Ripple, clearing legal hurdles and opening a path toward $12.6 based on a multi-year breakout. Shiba Inu could see its market cap climb to $28 billion, a 300% rise if supply stays steady.

Cold Wallet (CWT) enters from a different angle. It rewards users with measurable cashback for every blockchain action, integrating Plus Wallet’s existing 2 million+ users for immediate activity and liquidity from launch.

With over $6.1 million raised in presale and Stage 17 pricing at $0.00998, its 3,400% ROI potential is supported by active usage data. Among upcoming bullish crypto coins 2025, Cold Wallet combines adoption readiness with a pricing window that may not stay open long as demand grows.

XRP’s Case Closure Fuels $12.6 Price Ambition

The U.S. SEC’s decision on August 11 to end its case against Ripple has given XRP’s outlook new momentum, removing years of uncertainty. This has lifted market sentiment, with analyst Ali Martinez forecasting a climb to $12.6 based on a breakout from a long-standing triangle pattern identified in November 2024. The recent rise to $3 is viewed as the early stage of this move, since historical patterns show such breakouts often lead to extended price advances.

Technically, the projection comes from measuring the height of the triangle and applying it to the breakout point. The end of the case also raises the possibility of U.S.-listed spot XRP ETFs, which could draw institutional buyers. With ETFs already running in Canada, Europe, and Brazil, plus U.S. futures in place, expanded market access could fuel stronger inflows, making XRP a serious contender among bullish crypto coins in 2025.

Shiba Inu’s 300% Jump Could Reshape the Meme Sector

Shiba Inu (SHIB) is currently valued at around $7.3 billion, but forecasts point to a potential $28 billion market cap in this cycle. That scale of growth would equal roughly a 300% price jump from where it stands now. If SHIB’s circulating supply stays steady, the numbers suggest real room for gains.

Such a rise would put SHIB among the cycle’s top movers and could bring fresh energy into the meme coin market. Crypto history shows that strong rallies in one coin often spill over into others in the same category, and SHIB’s dedicated community could amplify that effect. This projection rests on clear market cap math rather than pure speculation, making SHIB one of the more watchable picks for bullish crypto coins in 2025.

Cold Wallet’s 34x Potential Backed by Live User Base

Cold Wallet is changing how blockchain wallets work by giving users cashback on every activity instead of charging fees. Sending funds, paying gas, or making swaps all return CWT to the user, creating a feedback loop where activity builds value and keeps engagement steady.

The integration of Plus Wallet’s 2 million+ users means it launches with instant transaction flow and liquidity, avoiding the slow ramp-up most new projects face. With $6.1 million raised before launch, the team is fully funded to scale without depending on post-launch capital.

At the current Stage 17 price of $0.00998, the gap to the confirmed listing price offers an over 3,400% upside at launch. The blend of an existing audience, a working cashback model, and a below-market entry price delivers a clear, data-supported opportunity. For those entering now, Cold Wallet aligns market readiness, functional utility, and accessible pricing, making it one of the most strategically timed entries for bullish crypto coins in 2025.

Why Cold Wallet’s Setup Tops the 2025 Picks List

XRP’s cleared legal path brings solid growth potential, and SHIB’s market cap target suggests a strong speculative wave. But neither pairs ready adoption, built-in liquidity, and a self-sustaining model quite like Cold Wallet. Its cashback system turns every blockchain move into tangible value, keeping participation high.

With Plus Wallet’s 2 million+ users already in place and $6.1 million secured before launch, it enters the market fully equipped to scale. At $0.00998, it still sits far below the confirmed listing price, leaving more than 3,400% room for growth. In 2025’s bullish crypto coins race, this is one of the rare plays where infrastructure, audience, and economics meet from day one.

Explore Cold Wallet Now:

Presale: https://purchase.coldwallet.com/

Website: https://coldwallet.com/

X: https://x.com/coldwalletapp

Telegram: https://t.me/ColdWalletAppOfficial