KindlyMD, a Bitcoin treasury company, has completed the issuance of $200 million convertible notes, which will be used to increase its holdings of BTC BlockBeats News: On August 19th, Bitcoin treasury company KindlyMD (NASDAQ: KDLY) announced the completion of a $200 million convertible note issuance, which will be used to purchase more BTC. The company has previously raised $540 million through public equity private equity (PIPE). On August 15th, Nakamoto Holdings and KindlyMD completed their merger and launched Bitcoin treasury operations. The merged company will operate under the name KindlyMD, with BTC Inc. co-founder David Bailey serving as CEO. Anchorage Digital, which owns the only federally licensed digital asset bank in the United States, will provide Bitcoin custody and trading services to KindlyMD, supporting its Bitcoin treasury operations after merging with Nakamoto.