Bitcoin treasury company KindlyMD completes $200 million convertible bond issuance, which will be used to increase BTC holdings

According to Odaily Planet Daily, Bitcoin treasury company KindlyMD (NASDAQ: KDLY) announced the completion of a $200 million convertible note offering, with the proceeds to be used to increase its Bitcoin holdings. On August 15th of this year, KindlyMD completed its merger with Nakamoto Holdings and operates under the KindlyMD name. BTC Inc. co-founder David Bailey has been appointed CEO, and Anchorage Digital will provide Bitcoin custody and trading services. Previously, KindlyMD had raised $540 million through a PIPE. (Decrypt)