Nakamoto Inc Raises ₱43.44 billion ($710 million), Trades on NASDAQ
A documentary following Nakamoto Inc Chairman David Bailey captured four years of his journey building a public company through Bitcoin's bear market. Filmmaker Parker Worthington's feature-length film chronicles the consolidation strategy behind the ₱43.44 billion ($710 million) raise.
Key Takeaway
Documentary follows Nakamoto's ₱43.44 billion ($710 million) raise and public launch through Bitcoin's four-year cycle.
Filmmaker Parker Worthington spent four years tracking Nakamoto Inc Chairman David Bailey to capture what started as a Bitcoin payments story and morphed into a feature-length chronicle of building a public company through a bear market.
The documentary, tentatively titled "This Time Is Different," began in 2024 with footage around open-source payments infrastructure. It expanded to follow Bailey's journey raising roughly ₱43.44 billion ($710 million) for Nakamoto's public launch via reverse merger with KindlyMD. Worthington appeared at the Bitcoin 2026 Conference in April to discuss the project with Bailey on Bitcoin Magazine's live desk.
Nakamoto Inc Chairman David Bailey said the documentary shows the conviction required to survive in Bitcoin, not just luck. He told Worthington he was glad the cameras captured the raw passion behind the business as his team navigated SEC obligations and consolidated multiple entities under the Nakamoto Inc umbrella. The company now trades on NASDAQ under ticker NAKA, with subsidiaries including Bitcoin Magazine and UTXO Management.
Worthington said the film aims to prove that what looks chaotic from the outside reflects a much more deliberate story than any stock ticker suggests. Early footage includes scenes from Puerto Rico where Bailey's team discussed taking the company public.
The release window remains uncertain. Worthington discussed a tentative winter 2027 target but acknowledged the date could slip into 2028 depending on where Bitcoin's four-year cycle lands when final cuts are made in 2027.
This article was written based on reporting from Bitcoin Magazine.
