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0.00970873786407768 0 0 0.00970873786407768 0.0194174757281554 -0.0145631067961164 -0.0606796116504854 -0.106699029126214
Stock impact report

Bitcoin Treasury KindlyMD to Issue $250M in Convertible Debt With Nasdaq-Listed Antalpha [Yahoo! Finance]

Kindly MD, Inc. (NAKA) 
Company Research Source: Yahoo! Finance
note deal between its Nakamoto Holdings treasury unit and Antalpha, as part of a broader partnership between the two Nasdaq-listed firms. Salt Lake City, Utah-based KindlyMD, a healthcare data company that pivoted to Bitcoin accumulation in May after merging with Nakamoto, said it intends to use the convertible debt for "long-term financing...with less dilution risk to its shareholders compared to standard convertible debt" and for "general corporate purposes." “This partnership represents the power of Bitcoin companies backing Bitcoin companies,” KindlyMD Chair and CEO David Bailey said in a statement. “Together with Antalpha, we are not only addressing today's financing needs but also laying the foundation for future structures tailored to the unique requirements of Bitcoin treasury companies," he said. "This is the first step in what we expect will be a long series of initiatives to benefit our portfolio, our shareholders, and the Bitcoin ecosystem at large.” The announceme Show less Read more
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