KindlyMD Subsidiary Commits to Invest $30 Million in Bitcoin Equity Financing with Metaplanet

BlockBeats News, September 10th, Nasdaq-listed healthcare company KindlyMD's subsidiary Nakamoto announced that it has committed to invest up to $30 million in Metaplanet's global stock offering, marking its largest investment to date and its first investment in an Asian public company adopting a Bitcoin treasury strategy.

Metaplanet stated on Tuesday that it plans to issue 3.85 billion new shares to raise around $1.4 billion to support its Bitcoin accumulation strategy.

On August 27th, Nasdaq-listed KindlyMD announced plans to issue $5 billion in stock to expand its Bitcoin treasury operations.