BidlyMd, listed on the Nasdak Stock Exchange, acquired $ 679 million in the first treasury investment

Bitcoin Treasury Provider, Bitcoin Treasury Progider and Bitcoin Treasury Companing, $ 679 million from Bitcoin for the Corporate Reserve.

PritlyMd acquired 5,744 bitcoin (BTC) For about 679 million dollars, at an average price, likely 118,204 dollars per bitcoin, the company Declare Tuesday.

The purchase was performed using private investment revenues in public stock revenues (PIPE) and reflects the “Bitcoin Discovered Treasury Strategy”.

The purchase of $ 679 million is the first investment of the company Bitcoin since its completion Integration with David Billy Bitcoin, Nakamoto Holdings, on Friday.

The purchase of BithlyMd is greater than 13 times than the latest acquisition through Michael Celor’s strategy, which said two. Bought Bitcoin worth $ 51.4 million At an average price of $ 119,666. The strategy is still the largest bitcoin column holder.

However, Bitcoin of 5,769 represents a small part of the KidlyMd plan to get a million BTC.

Is Bitcoin heading to the peak of 2025? Or is the course for 4 years dead? https://t.co/dckfjvkjix

– Cointelegraph (@cointelgraph) August 18, 2025

Related to: Register the debts of USA 37T and M2 Money Growth Stage for $ 132,000 Bitcoin

Bitcoin is the “final reserve assets” for companies and institutions: David Billy

David Billy, CEO and Chairman of BidlyMd, said the long -term task for the new company to obtain 1 million Bitcoin reflects, “The belief that Bitcoin will prove the next era of global financing.”

“This acquisition enhances our condemnation in Bitcoin as both the final reserves of companies and institutions.”

Billy also served as Main encryption consultant During the campaign of US President Donald Trump, the bitcoin attack was greatly credited with the president.

Earlier this month, He said he wanted to raise 200 million dollars For Political Action Committee (PAC) to enhance Bitcoin interests in the United States.

Related to: Bitcoin boom raises “Fort Knox” nationalization interests

However, Bidilymd shares decreased more than 12 % Since the announcement of the merger On May 12, According to To Google Finance Data.

The company’s move comes at a time when other companies accelerate Bitcoin. The Japanese investment company Metaplanet recently said it is planning Raising $ 3.7 billion to feed its company’s strategy From buying 210,000 BTC by 2027.

Developments such as adopting bitcoin companies and the potential inclusion of digital assets in American retirement plans 401 (k) Help pushing bitcoin to $ 200,000 By the end of 2025, according to Andre Dragosh, head of European Research at Crypto Asset Manager BitWise.

This “bi -up” development may be “greater than ETF’s approval in the United States on Bitcoin itself,” which indicates a new capital of $ 122 billion, assuming that a modest wallet is allocated 1 %. Display on monday.

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