KindlyMD Announces Bitcoin Treasury Expansion Strategy Worth Up To $5 Billion

YM Lee

Summary

KindlyMD announced a Bitcoin treasury expansion strategy worth up to $5 billion.
The company stated that the proceeds raised through its at-the-market equity offering program will be used for Bitcoin treasury expansion and general corporate operations.
KindlyMD mentioned that after merging with Nakamoto Holdings, it acquired approximately 5,744 BTC.

KindlyMD, a US Nasdaq-listed healthcare service company, has announced a Bitcoin treasury expansion strategy of up to $5 billion.

According to The Block on the 27th (local time), KindlyMD has submitted a universal shelf registration statement for its at-the-market equity offering program. KindlyMD plans to use the proceeds from this offering program for Bitcoin treasury expansion and general corporate operations.

KindlyMD began its Bitcoin treasury expansion strategy following its merger with Nakamoto Holdings, a Bitcoin-specialized company. Immediately after the merger, the company disclosed that it had acquired approximately 5,744 BTC.

BTC