Nakamoto joins the corporate BTC reserve war

Nakamoto joins the corporate BTC reserve war
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Words: Token Dispatch, Thejaswini M A, Nameet Potnis, Prathik Desai

Compilation: Block unicorn

Foreword

That's the text on Nakamoto's (no, not Satoshi Nakamoto) typewriter-style website about cryptocurrency's newest corporate challenger, Bitcoin Reserves.

Just two weeks ago, after another company led by giants such as Tether, Cantor, and SoftBank launched a pure-play Bitcoin company to challenge Michael Saylor's Strategy, Nakamoto Holdings broke into the party with $710 million in capital reserves and a set of strategies that Satoshi Nakamoto would be proud of.

In today's Corporate Bitcoin Reserve article, we'll tell you:

  • How the launch of Nakamoto intensified the race for corporate BTC reserves

  • Bernstein's $330 billion prediction has everyone jumping

    • on

  • why corporate Bitcoin reserves are suddenly the hottest topic in cryptocurrency

  • A hotel company now holds more bitcoin than the sixth-largest national bitcoin

    • holderNakamoto's

Bitcoin strategyNakamoto

Holdings, founded by Bitcoin Magazine CEO David Bailey, has announced a merger with healthcare provider KindlyMD in a deal that transforms a company that treats opioids into Bitcoin's latest corporate reserve contender.

Why is it named Nakamoto?

"The financial institutions that define the pages of history are named after their founders: Medici, Rothschild, Morgan, Goldman Sachs. Today, we're betting that legacy on Satoshi Nakamoto," Bailey said.

Mission? "Establishing the Bitcoin standard in the global capital markets."

This is the text on Nakamoto's gorgeous website.

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