KindlyMD (NAKA), a Salt Lake -based health care company combined with Bitcoin dedicated to the company Nakamoto, raised another $ 51.5 million for bitcoin
Purchases, the companies announced Friday.
The private placement of the Equity Financing Round, also known as the pipe, has been priced at $ 5 per part of the standard stock in KindlyMD. Financing has fully subscribed to less than three days, according to Nakamoto founder and CEO David Bailey.
“We continue to take our approach to raise as much capital as possible to get as much bitcoin as possible,” he said in a statement.
This fundraising carries the total firm’s total capital rising to nearly $ 763 million, along with previous pipe financing and convertible note notes.
The shares of the air fell around 7% in the early Friday session. The Nasdaq Composite index has been a little changed.
The move came as a growing roster of public companies that raised capital to create crypto treasury techniques, which reminiscent of long-term software firm (MSTR) plays to issue a loan and sell shares for the purchase of digital assets. The approach is the largest Corporate Bitcoin holder with 592,00 BTC, worth more than $ 62 billion, Bitcointreasuries.net Data displays.
