KindlyMD, a Nasdaq-listed healthcare services company, has filed a shelf registration with the U.S. Securities and Exchange Commission (SEC) to launch an at-the-market (ATM) equity offering of up to $5 billion. This move gives the company the ability to issue and sell common stock over time, depending on market conditions.
Under this program, shares will be sold at prevailing market prices on Nasdaq, offering flexibility in both timing and volume. The company has appointed TD Securities, Cantor Fitzgerald, and B. Riley Securities as sales agents to facilitate the transactions.
Merger with Nakamoto Holdings Signals Shift Toward Bitcoin
This announcement follows KindlyMD’s recent merger with Nakamoto Holdings, a company focused on bitcoin and blockchain technologies. The merger marks a strategic shift for KindlyMD, expanding its focus beyond healthcare into the growing world of digital assets.
Shortly after the merger, KindlyMD made its first bitcoin purchase—5,744 BTC—demonstrating a clear commitment to incorporating cryptocurrency into its long-term financial strategy.
Offering to Fund Corporate Growth and Digital Asset Investments
According to the company, proceeds from the offering will be used for general corporate purposes, including business expansion and further investments in bitcoin and other digital assets.
KindlyMD’s dual focus on healthcare services and digital finance positions it at a unique intersection of two high-growth industries. With this $5 billion offering in place, the company is now better equipped to support its evolving strategy and strengthen its market presence in both sectors.
