KindlyMD, a Nasdaq-traded health-care firm that recently merged with bitcoin treasury company Nakamoto, said it plans to raise as much as $5 billion in equity. Proceeds will fund additional Bitcoin purchases and may also support acquisitions of other businesses or technologies. KindlyMD’s pivot adds to agrowing list of publicly traded firmsadopting Bitcoin as a balance-sheet asset.

KindlyMD, a Nasdaq-traded health-care firm that recently merged with bitcoin treasury company Nakamoto, said it plans to raise as much as $5 billion in equity. Proceeds will fund additional Bitcoin purchases and may also support acquisitions of other businesses or technologies. KindlyMD’s pivot adds to agrowing list of publicly traded firmsadopting Bitcoin as a balance-sheet asset.

Source: https://cryptoslate.com/nasdaq-listed-kindlymd-to-raise-5b-via-equity-to-buy-bitcoin/