Knowlymd (NAKA), a health data company based in Salt Lake City merging with the portfolio company focused on Bitcoin Nakamoto, collected $ 51.5 million for Bitcoin
Purchases, companies announced on Friday.
The financing tour of private investment actions, also known as pipe, was at a price of $ 5 per share of ordinary actions in Kindlymd. The funding was fully subscribed in less than three days, according to the founder and CEO of Nakamoto, David Bailey.
“We continue to execute our strategy to increase as much capital as possible to acquire as much bitcoin as possible,” he said in a press release.
This collection of funds leads to the total increase in the capital of the company to around $ 763 million, in particular the previous offer for the financing of convertible pipes and tickets.
NAKA’s shares fell by around 7% during the early Friday session. The Nasdaq composite index has been little changed.
This decision comes as a growing list of public companies increases capital to create cryptographic cash strategies, recalling the longtime game of the software company (MSTR) to issue debts and sell shares for the purchase of digital assets. The strategy is the largest holder of Bitcoin de corporate with 592.00 BTC, worth 62 billion dollars, according to bitcointaries.net data.
