Nakamoto Shuts Down Medical Business, Fully Transforms into Bitcoin Operating Company
CoinFeed June 23 news, according to an official announcement, David Bailey's Bitcoin treasury company Nakamoto announced that its medical clinic business ceased operations on June 19, 2026, marking the gradual closure of the company's traditional medical business. Administrative work related to the medical business shutdown is expected to be completed in the third quarter of 2026. This move reflects the company's full transformation into a Bitcoin operating company, focusing on media and information services, asset management, and advisory services to generate recurring revenue and drive sustained growth across business lines. CEO David Bailey stated that the company has built a differentiated platform covering the world's leading Bitcoin media, asset management, and advisory businesses, and is now fully focused on expanding these businesses and building long-term shareholder value.