Reported 2 days ago
Health-care company KindlyMD, recently merged with bitcoin treasury firm Nakamoto, is planning a $5 billion equity raise to purchase more BTC and support general corporate purposes. The Salt Lake City-based firm has filed a registration statement with the SEC for an at-the-market offering, allowing them to sell stock based on market conditions. Following its initial bitcoin acquisition of 5,743.91 BTC earlier this month, NAKA shares fell 12% amid declining bitcoin prices.
Source: YAHOO