KindlyMD completes $51.5 million PIPE financing to continue expanding its Bitcoin treasury.

SerumDegen · 2025-06-20T14:06:45+00:00

Kindly MD, Inc. announced the completion of a $51.5 million PIPE financing to support the establishment of its Bitcoin treasury. To date, approximately $563 million has been raised, including a total of $763 million in Convertible Bonds. The financing is intended for the purchase of Bitcoin and operational funds, expected to occur simultaneously with the Delivery.

SerumDegen

2025-06-20 14:06:45

Abstract generation in progress

On June 20, 【Block Rhythm】, healthcare data company Kindly MD, Inc. (NASDAQ: NAKA, referred to as “KindlyMD”) announced today that it has completed an additional $51.5 million “Public Company Private Investment in Public Equity” (PIPE) financing to support its efforts to establish a Bitcoin treasury. Previously, KindlyMD announced plans to merge with Bitcoin-native holding company Nakamoto Holdings Inc. (“Nakamoto”).

Currently, KindlyMD has raised approximately $563 million through PIPE financing, and if convertible bonds are included, the total amount raised has reached approximately $763 million.

The transaction includes a PIPE financing totaling $51.5 million, priced at $5.00 per share, consisting entirely of KindlyMD’s common stock. The net proceeds from the PIPE financing will be used by KindlyMD to purchase Bitcoin, supplement working capital, and for other general corporate purposes. The PIPE financing is expected to close concurrently with the completion of the merger.

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