Techub News: The merged company Nakamoto Holdings Inc. and Kindly MD, Inc. (NASDAQ: NAKA) announced that it has completed an additional $51.5 million in private equity public offering financing (PIPE financing). The net proceeds from the PIPE financing will be used by KindlyMD to purchase Bitcoin, as well as for working capital and general corporate purposes.

To date, KindlyMD has raised approximately $563 million through PIPE financing, and if convertible bonds are included, the total raised amounts to approximately $763 million.