What is the difference between Bullish and Nakamoto Inc (formerly KindlyMD)?

Bullish and Nakamoto Inc (formerly KindlyMD) hold different amounts of Bitcoin in their treasuries. Bullish holds more BTC. Compare their total holdings, valuation, and treasury strategies.

Which entity holds more Bitcoin: Bullish or Nakamoto Inc (formerly KindlyMD)?

Bullish holds more Bitcoin in their treasury with approximately 23,800 BTC compared to Nakamoto Inc (formerly KindlyMD) with 4,467 BTC. Compare their treasury values and investment strategies.

Compare treasury holdings of Bullish and Nakamoto Inc (formerly KindlyMD)

Institutional crypto holdings — total value and allocation side by side.

Treasury A

Treasury B

	Bullish	Nakamoto Inc (formerly KindlyMD)
Total holdings	$1.96B	$363.02M
Type	Company	Company
Assets held	2 assets	1 assets

Holdings overview

BTC exposure and entity metadata.

	Bullish	Nakamoto Inc (formerly KindlyMD)
Bitcoin holdings	23,800 BTC	4,467 BTC
Country	US	US
Recorded transactions	11	5

View Bullish View Nakamoto Inc (formerly KindlyMD)

Portfolio breakdown

Holdings amounts, values, and allocation percentages in one view.

Asset	Bullish	Nakamoto Inc (formerly KindlyMD)
Bitcoin BTC	23,800.00 $1.93B · 98.6%	4,467.00 $363.02M · 100.0%
Ethereum ETH	11,600.00 $27.37M · 1.4%	—

Amount, USD value, and portfolio weight per asset.

Recent transactions

Latest buys, sells, and balance changes — same layout as treasury detail pages.

Bullish

Date	Asset	Type	Amount	Value (USD)	Source
2026-06-30	Ethereum	SELL	-3,300.0000	$0	Source
2026-06-30	Bitcoin	BUY	100.0000	$0	Source
2026-03-31	Bitcoin	BUY	400.0000	$0	Source
2026-03-31	Ethereum	BUY	700.0000	$0	Source
2025-12-31	Bitcoin	SELL	-1,100.0000	$0	Source
2025-12-31	Ethereum	SELL	-7,100.0000	$0	Source
2025-09-30	Ethereum	BUY	8,700.0000	$0	Source
2025-09-30	Bitcoin	BUY	100.0000	$0	Source

Nakamoto Inc (formerly KindlyMD)

Date	Asset	Type	Amount	Value (USD)	Source
2026-06-11	Bitcoin	SELL	-591.0000	$0	Source
2026-03-31	Bitcoin	SELL	-284.0000	$0	Source
2025-12-31	Bitcoin	SELL	-56.0000	$0	Source
2025-11-12	Bitcoin	SELL	-367.0000	$0	Source
2025-08-19	Bitcoin	BUY	5,743.9100	$679,000,000	Source

Frequently asked questions

Answers about these treasuries and how holdings are calculated.

What is Bullish?

Bullish is an entity (company, institution, or government) that holds cryptocurrency as part of its treasury reserves or investment strategy.

What is Nakamoto Inc (formerly KindlyMD)?

Nakamoto Inc (formerly KindlyMD) is an entity (company, institution, or government) that holds cryptocurrency as part of its treasury reserves or investment strategy.

Why do companies hold Bitcoin in treasury?

Companies hold Bitcoin for various reasons: as a hedge against inflation, to diversify treasury reserves, for potential appreciation, or as part of their business strategy.

How are treasury holdings tracked?

Treasury holdings are tracked through public disclosures, SEC filings, press releases, and blockchain analytics. Public companies must disclose material holdings.

How is total holdings value calculated?

Total holdings value is calculated by multiplying the amount of cryptocurrency held by its current market price. Values update in real-time based on market prices.