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KindlyMD and Nakamoto announce $51.5 million PIPE financing to support Bitcoin reserve plan
Summary: According to reports, Kindly MD, Inc. (NASDAQ: NAKA), which previously announced plans to merge with Bitcoin native holding company Nakamoto Holdings Inc., has announced the completion of an additional $51.5 million private investment in public equity (PIPE) financing to support its Bitcoin reserve plan. To date, KindlyMD has raised approximately $563 million through PIPE financing, ...
According to reports, Kindly MD, Inc. (NASDAQ: NAKA), which previously announced plans to merge with Bitcoin native holding company Nakamoto Holdings Inc., has announced the completion of an additional $51.5 million private investment in public equity (PIPE) financing to support its Bitcoin reserve plan. To date, KindlyMD has raised approximately $563 million through PIPE financing, totaling around $763 million including convertible bonds. Nakamoto founder and CEO David Bailey stated that the company will continue to execute its strategy, raising as much funds as possible to buy as much Bitcoin as possible. The net proceeds from the PIPE financing will be used by KindlyMD to purchase Bitcoin, as well as for operational and general corporate purposes.
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Link: KindlyMD and Nakamoto announce $51.5 million PIPE financing to support Bitcoin reserve plan [Copy]
