{"id":32905,"date":"2025-06-20T16:33:59","date_gmt":"2025-06-20T16:33:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32905"},"modified":"2025-06-20T16:33:59","modified_gmt":"2025-06-20T16:33:59","slug":"kindlymd-raises-another-51-5m-for-bitcoin-treasury-strategy","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32905","title":{"rendered":"KindlyMD Raises Another $51.5M for Bitcoin Treasury Strategy"},"content":{"rendered":"<div>\n<p>KindlyMD (NAKA), a Salt Lake City-based health-care data firm merging with bitcoin-focused holding company Nakamoto, raised another $51.5 million for bitcoin BTC purchases, the companies <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250620361457\/en\/KindlyMD-and-Nakamoto-Announce-an-Additional-%2451.5-Million-In-PIPE-Financing-To-Support-Bitcoin-Treasury-Efforts\">announced<\/a> Friday.<\/p>\n<p>The private placement equity financing round, also known as PIPE, was priced at $5 per share of common stock in KindlyMD. The financing was fully subscribed in less than three days, according to Nakamoto founder and CEO David Bailey. <\/p>\n<p>&#8220;We continue to execute our strategy to raise as much capital as possible to acquire as much bitcoin as possible,&#8221; he said in a statement.<\/p>\n<p>This fundraising brings the firm&#8217;s total capital raise to around $763 million, including previous PIPE financing and convertible notes offering.<\/p>\n<p>NAKA shares fell around 7% in the early Friday session. The Nasdaq Composite index was little changed.<\/p>\n<p>The move comes as a growing roster of public companies raise capital to create crypto treasury strategies, reminiscent of software firm Strategy\u2019s (MSTR) long-running play to issue debt and sell shares for purchasing digital assets. Strategy is the largest corporate bitcoin holder with 592,00 BTC, worth over $62 billion, <a href=\"https:\/\/bitcointreasuries.net\/\">BitcoinTreasuries.net<\/a> data shows.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>KindlyMD (NAKA), a Salt Lake City-based health-care data firm merging with bitcoin-focused holding company Nakamoto, raised another $51.5 million for bitcoin BTC purchases, the companies announced Friday. The private placement equity financing round, also known as PIPE, was priced at $5 per share of common stock in KindlyMD. The financing was fully subscribed in less [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32905","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32905"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32905\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}