KDLY surged 650% pre-market, from $3.90 to $29

PA一线｜2025-05-12 21:16

PANews reported on May 12 that according to CoinDesk, Nakamoto Holdings, a Bitcoin-native holding company founded by David Bailey, announced that it would merge with medical data company KindlyMD (NASDAQ: KDLY) to form a public market Bitcoin treasury company and complete $710 million in financing, including $510 million in PIPE and $200 million in convertible bonds. This transaction is the largest Bitcoin treasury financing to date.

Driven by the news, KDLY's pre-market share price soared 650%, from US$3.90 to US$29.

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