KindlyMD has completed an additional $51.5 million PIPE financing to support the expansion of its Bitcoin reserve program.

RektRecovery · 2025-06-20T13:42:27+00:00

Kindly MD, Inc. has completed an additional $51.5 million PIPE financing to support its plans to establish a Bitcoin reserve following its merger with Nakamoto Holdings Inc. To date, approximately $563 million has been raised, with a total expected to reach $763 million, and the funds will be used for purchasing Bitcoin and operations.

RektRecovery

2025-06-20 13:42:27

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[Bit推] Kindly MD, Inc. (NASDAQ: NAKA), which previously announced plans to merge with the Bitcoin native holding company Nakamoto Holdings Inc., announced that it has completed an additional $51.5 million in private sale public listing financing (“PIPE financing”) to support its plan to establish a Bitcoin reserve. To date, KindlyMD has raised approximately $563 million through PIPE financing, and when including Convertible Bonds, the total raised is approximately $763 million. David Bailey, founder and CEO of Nakamoto, stated that the company will continue to execute its strategy to raise as much capital 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 working capital and general corporate purposes.

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