Kindlymd (Naka), a health care data firm based in Salt Lake City that fuses with the holding company centered on Bitcoin Nakamoto, raised another $ 51.5 million for Bitcoin
Purchases, the companies announced on Friday.
The private placement capital financing round, also known as a pipe, had a price of $ 5 per share of ordinary shares in Kindlymd. The financing was fully signed in less than three days, according to the founder and CEO of Nakamoto, David Bailey.
“We continue to execute our strategy to raise as many capital as possible to acquire as much bitcoin as possible,” he said in a statement.
This collection of funds carries the total capital increase of the company to around $ 763 million, including the previous offer of pipeline financing and convertible notes.
Naka’s actions fell around 7% in Friday’s early session. The Nasdaq compound index was changed little.
The measure occurs when a growing list of public companies collects capital to create cryptographic treasury strategies, reminiscent of the long -term play of the software firm (MSTR) strategy to issue debts and sell shares to buy digital assets. The strategy is the largest corporate head of Bitcoin with 592.00 BTC, with a value of more than $ 62 billion, according to the data of Bitcintrease.net.
