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|Legacy
BTCBTC
💲71193.44
-
4.07%
ETHETH
💲2184.44
-
6.38%
SOLSOL
💲89.03
-
5.39%
WLDWLD
💲0.3644
-
6.61%
USDCUSDC
💲0.9997
-
0.01%
XRPXRP
💲1.44
-
4.64%

KDLY surged 650% before trading, from $3.90 to $29

PANews
PANews|May 12, 2025 13:16
According to CoinDesk, Nakamoto Holdings, a native Bitcoin holding company founded by David Bailey, announced that it will merge with medical data company KindlyMD (NASDAQ: KDLY) to form a publicly traded Bitcoin treasury company and complete a $710 million financing, including $510 million in PIPE and $200 million in convertible bonds. This transaction marks the largest fundraising for a Bitcoin treasury to date. Driven by news, KDLY's pre-market stock price surged 650%, from $3.90 to $29.
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