Gentle (Naka)The medical care company that is in Nasdaq that recently merged with Bitcoin The Nakamoto Treasury firm will offer up to $ 5 billion in capital to finance the purchase of more BTC.
The company based in Salt Lake City presented a statement of registration of shelf before the United States stock exchange and values commission (SECOND) For a capital offer program in the market.
The program will allow the company to sell common actions with the moment and the amounts that are determined by a variety of factors, including market prices, the company said on Tuesday. Funds will also be used for general corporate purposes, such as business, assets or technologies.
Kindlymd began his Bitcoin Treasury strategy earlier this month, making his first acquisition of 5,743.91 BTC ($ 635.4 million) around August 19.
Naka’s shares fell 12% to $ 8.07 on Tuesday, with the burning of the relatively depressed price action of BTC. Bitcoin has fallen more than 10% since it rose to a maximum of more than $ 123,000 in the middle of this month, according to Coindesk data.
Read more: David Bailey’s Nakamoto Holdings making public through fusion with Kindlymd; The shares are triggered 650%
