Odaily Planet Daily News - Kindly MD, Inc. (NASDAQ: NAKA), which previously announced plans to merge with Bitcoin native holding company Nakamoto Holdings Inc., has announced the completion of an additional $51.5 million private placement public equity financing ("PIPE financing") to support its plan to establish a Bitcoin reserve. To date, KindlyMD has raised approximately $563 million through PIPE financing, and including convertible bonds, has raised a total of approximately $763 million. Nakamoto's founder and CEO David Bailey stated that the company will continue to execute its strategy to raise as much capital as possible to buy as much Bitcoin as possible. The net proceeds of the PIPE financing will be used by KindlyMD to purchase Bitcoin, as well as for operating capital and general corporate purposes. (Businesswire)

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