KindlyMD Inc. Expands with $200 Million Convertible Note Offering to Bolster Bitcoin Treasury Strategy

Reuters
Aug 16
KindlyMD Inc. Expands with $200 Million Convertible Note Offering to Bolster Bitcoin Treasury <a href="https://laohu8.com/S/MSTR">Strategy</a>

KindlyMD Inc. has successfully closed a $200 million convertible note offering, with the proceeds earmarked for purchasing Bitcoin and general corporate purposes. This move follows the company's merger with Nakamoto Holdings Inc., establishing an institutional-grade Bitcoin treasury vehicle. The offering, which involves a senior secured convertible note to YA II PN, Ltd., aims to enhance KindlyMD's Bitcoin acquisition strategy. David Bailey, CEO and Chairman of KindlyMD, expressed excitement about leveraging the company's strengthened financial position to further their Bitcoin ambitions. The note bears a 0.00% interest rate for the first two years, increasing to 6.00% in the third year, and is payable by August 15, 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kindly MD Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1061696) on August 15, 2025, and is solely responsible for the information contained therein.

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