KindlyMD plans to issue $5 billion in stocks, and part of the earnings may be used to expand its Bitcoin holdings.

[Block Rhythm] On August 27, KindlyMD, a Nasdaq-listed healthcare services company, announced on Tuesday that it has submitted a shelved registration statement to issue up to $5 billion in stock on the market. The company stated that it plans to use the net proceeds to support general corporate purposes, including expanding its Bitcoin treasury.

According to the company's press release, the plan allows the company to issue and sell up to $5 billion of common stock through various sales agents, including TD Securities, Cantor Fitzgerald, and B. Riley Securities.

BTC-0.65%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
AnimalGrowthRecord:Luvip
· 18h ago
On August 27, KindlyMD, a Nasdaq-listed healthcare services company, announced on Tuesday that it has submitted a shelved registration statement to issue up to $5 billion in stock on the market. The company stated that it plans to use the net proceeds to support general corporate purposes, including expanding its Bitcoin treasury.
The company's press release stated that the plan allows the company to issue and sell up to $5 billion in common stock through various sales agents, including TD Securities, Cantor Fitzgerald, and B. Riley Securities.
View OriginalReply0
CryptoMomvip
· 19h ago
It's stable, and another whale is about to enter the market.
View OriginalReply0
RugResistantvip
· 19h ago
Be Played for Suckers is a bull, right?
View OriginalReply0
ClassicDumpstervip
· 19h ago
Afraid they are going to Be Played for Suckers again.
View OriginalReply0
AirdropBlackHolevip
· 19h ago
The ability to handle cash is quite strong.
View OriginalReply0
WalletWhisperervip
· 19h ago
This wave has started to pump TSL.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)