Nakamoto closes KindlyMD clinics, goes all-in on bitcoin
The healthcare operations inherited from KindlyMD officially ceased on June 19, clearing the last non-bitcoin business from the company's books ahead of its treasury rebrand.
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The healthcare operations inherited from KindlyMD officially ceased on June 19, clearing the last non-bitcoin business from the company's books ahead of its treasury rebrand.
The sale shrinks a treasury that just added the 4,468 BTC it still holds — a deleveraging move, not a strategy change, with a fresh $25M buyback authorization underneath it.
David Bailey's Nakamoto, a publicly traded bitcoin treasury company, has announced a 1-for-40 reverse stock split as…
The $238.8M net loss is more than just a fair-value markdown — the company sold 284 BTC to fund working capital, a signal a treasury-first balance sheet is running into liquidity strain.