According to BlockBeats, the stock of healthcare data company Kindly MD, listed on the U.S. stock market, fell by 4.23%, bringing its market capitalization down to $111 million.
This decline follows Kindly MD, Inc.'s announcement of completing an additional $51.5 million in private investment in public equity (PIPE) financing. The funds are intended to support the company's efforts to establish a Bitcoin treasury. Kindly MD has also announced plans to merge with Bitcoin-native holding company Nakamoto Holdings Inc.