Kindlymd (NAKA) plans to supply ATM capital up to $ 5 billion to buy BTC

Kindly (Naka)The health care company classified in Nasdaq which recently merged with Bitcoin The Nakamoto cash company should offer up to 5 billion dollars in equity to finance the purchase of more BTC.

Salt Lake City’s company has filed a statement of conservation registration with the American Securities and Exchange committee (SECOND) For a marketing stock supply program.

The program will allow the company to sell ordinary shares with the calendar and the amounts to be determined by various factors, including market prices, the company said on Tuesday. Funds must also be used for general purposes, such as acquisitions of companies, assets or technologies.

Kindlymd started its Bitcoin cash strategy at the beginning of the month, making its first acquisition of 5,743.91 BTC ($ 635.4 million) August 19.

NAKA shares dropped from 12% to $ 8.07 Tuesday, burn the action of relatively depressed prices of the BTC. Bitcoin has dropped more than 10% since I reached a summit of more than $ 123,000 in the middle of this month, according to Coindesk data.

Read more: Nakamoto Holdings by David Bailey makes public via fusion with Kindlymd; SHARING SOAR 650%

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