Summary
- KindlyMD announced that it issued convertible bonds worth $200 million to invest in Bitcoin (BTC).
- The company stated it has secured a total of $540 million while pursuing a merger with Nakamoto, and plans to strengthen strategic BTC investment.
- As of the 19th, BTC was said to be trading at $116,380.54 on the Binance USDT market, down 1.10% from the previous day.
According to CoinDesk, a virtual asset (cryptocurrency) media outlet, on the 18th (local time), healthcare and data company KindlyMD has completed issuing $200 million in convertible bonds for the purpose of investing in BTC after its merger with Bitcoin investment firm Nakamoto.
Previously, KindlyMD secured $540 million during the merger process with Nakamoto, and announced its plan to strengthen strategic investments in BTC.
As of 05:18 on the 19th, BTC was trading at $116,380.54 on the Binance Tether (USDT) market, down 1.10% from the previous day.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
