KindlyMD, the Bitcoin-focused company trading as NAKA, is teetering on the edge of a Nasdaq delisting after its share price collapsed to just $0.38, far below the exchange’s $1 minimum requirement. The firm now has until June 2026 to engineer a dramatic recovery, a challenge compounded by the fallout from its strategic merger with Nakamoto and a series of subsequent financial missteps that have eroded investor confidence.
about KindlyMD Faces Nasdaq Delisting Risk After Bitcoin MergerDavid Bailey
0 posts last weekKindlyMD Stock Plunges 10% on Delayed Q3 Earnings Filing
KindlyMD’s shares tumbled nearly 10% Monday after the Bitcoin treasury company missed its third-quarter earnings deadline, citing complex accounting challenges from its Nakamoto merger. The stock’s collapse to $0.55 marks a staggering 95% decline over six months, with preliminary figures revealing $59 million in acquisition losses and substantial digital asset impairments that underscore the company’s deepening financial crisis.
about KindlyMD Stock Plunges 10% on Delayed Q3 Earnings FilingBitcoin Firm Nakamoto Holdings Restructures After 98% Stock Crash
Nakamoto Holdings, the publicly-traded Bitcoin treasury firm led by Bitcoin Magazine CEO David Bailey, is undertaking a major operational consolidation after its stock price collapsed by over 98% since May. The catastrophic decline was triggered by the company’s $563 million private investment in public equity (PIPE) strategy, which backfired when shares became eligible for sale in September, erasing billions in market value and forcing Bailey to fold Bitcoin Magazine, the Bitcoin conference, and hedge fund 210k Capital into the parent company to improve cash flow.
about Bitcoin Firm Nakamoto Holdings Restructures After 98% Stock CrashBitcoin Treasury Firms Face Scrutiny as Bubble Debate Grows
Bitcoin treasury companies are facing increased investor scrutiny as the initial euphoria around Bitcoin-stacking firms begins to fade. With 205 publicly listed Bitcoin treasury companies worldwide, market participants are becoming more discerning about what differentiates these firms. Several companies have seen their market net asset values plunge in recent months, signaling a maturing market that demands clear competitive advantages from new entrants.
about Bitcoin Treasury Firms Face Scrutiny as Bubble Debate GrowsKindlyMD Partners with Antalpha in $250M Bitcoin Deal
Healthcare-turned-Bitcoin firm KindlyMD has announced a strategic partnership with crypto services provider Antalpha, featuring a $250 million convertible debt deal through its Nakamoto subsidiary to expand Bitcoin holdings. This financing arrangement comes as both Nasdaq-listed companies navigate volatile market conditions, with KindlyMD’s stock having plummeted 77% over the past month while maintaining its position as the 19th largest corporate Bitcoin treasury globally.
about KindlyMD Partners with Antalpha in $250M Bitcoin DealSEC Streamlines Crypto ETF Listings, New Funds Launch
The U.S. Securities and Exchange Commission has implemented streamlined listing standards for commodity-based trust shares, accelerating the path for new cryptocurrency ETFs while sparking both innovation and regulatory debate. Rex-Osprey immediately capitalized on the regulatory shift by launching XRP and DOGE ETFs, including a leveraged product for short-term traders, while Solana ecosystem developments dominated corporate treasury news with billion-dollar moves.
about SEC Streamlines Crypto ETF Listings, New Funds LaunchKindlyMD Shares Plunge 55% After CEO Warns of Volatility
Shares of KindlyMD Inc., the healthcare company that pivoted to Bitcoin holdings, collapsed by 55% on Monday after CEO David Bailey issued a stark warning to shareholders about impending volatility. The dramatic selloff followed the company’s disclosure of a $200 million private investment in public equity (PIPE) offering that sold shares at a discount to private investors, who were immediately permitted to trade them. Bailey’s unusually candid shareholder letter explicitly encouraged low-conviction traders to exit their positions, triggering a massive market reaction that underscores the risks of speculative Bitcoin-linked investments.
about KindlyMD Shares Plunge 55% After CEO Warns of VolatilityKindly MD Plunges 54% as SEC Unlocks $200M PIPE Shares
Kindly MD shares plummeted over 54% to $1.26 after the SEC approved trading of previously restricted shares from a $200 million private placement, triggering massive selling pressure. CEO David Bailey explicitly warned of volatility as the healthcare company transitions into a Bitcoin treasury operation, creating a situation where the company’s $504 million market capitalization now trades at a significant discount to its $663 million Bitcoin holdings.
about Kindly MD Plunges 54% as SEC Unlocks $200M PIPE SharesNakamoto CEO Critiques Digital Asset Treasury Confusion
In a recent social media post, Nakamoto CEO David Bailey criticized the proliferation of companies branding themselves as ‘digital asset treasury’ firms while holding speculative or underperforming altcoins. He emphasized that this trend obscures the legitimate use case of Bitcoin as a treasury reserve asset and risks misleading stakeholders. Bailey specifically called out ‘toxic financing’ and failed projects rebranded as digital asset treasuries (DATs), warning that such practices harm industry transparency. His comments reflect broader tensions within corporate crypto adoption between Bitcoin-focused strategies and more diversified, often riskier, altcoin holdings.
about Nakamoto CEO Critiques Digital Asset Treasury ConfusionBitcoin Whales Trigger 10% Correction Amid ETF Inflows
Bitcoin experienced a significant 10% correction this week, dropping from highs above $124,000 to around $110,900. Bitcoin Magazine CEO David Bailey attributes the decline to two major whales liquidating 80,000 and 120,000 BTC respectively, with speculation that Binance may be orchestrating the sell-off through market maker Wintermute. Meanwhile, institutional adoption continues to accelerate, with public companies now holding over 6% of Bitcoin’s total supply—a development that JPMorgan analyst Nikolaos Panigirtzoglou describes as ‘private sector quantitative easing’ that is reducing Bitcoin’s volatility. Despite the current downturn, Bailey maintains a $150,000 price target, representing a 36% upside from current levels.
about Bitcoin Whales Trigger 10% Correction Amid ETF InflowsTrump Adviser Predicts No Bitcoin Bear Market for Years
David Bailey, entrepreneur and crypto adviser to Donald Trump, has asserted that Bitcoin will not experience a bear market for several years due to unprecedented institutional investment in cryptocurrency. This contrasts with analysis pointing to Bitcoin’s historical four-year cycle, which has typically included significant downturns. Crypto analysts warn of multiple potential headwinds that could negatively impact markets, creating a divergence between political optimism and traditional market analysis in assessing Bitcoin’s future trajectory.
about Trump Adviser Predicts No Bitcoin Bear Market for YearsKindlyMD Buys $679M in Bitcoin, Stock Drops 13%
KindlyMD, a healthcare data company, announced the purchase of 5,743.91 Bitcoin for $679 million through its subsidiary Nakamoto Holdings. The acquisition is part of a strategic shift toward Bitcoin as a corporate reserve asset, following the company’s merger with holding company Nakamoto, co-founded by Bitcoin Magazine CEO David Bailey. Despite raising $740 million through convertible notes and private placements specifically for Bitcoin accumulation, KindlyMD’s stock (NAKA) dropped over 13% to $10.41 after the news. The move mirrors Strategy’s approach of using public markets to gain Bitcoin exposure, though it comes as Bitcoin’s price has retreated from recent all-time highs above $124,000. KindlyMD joins 168 public companies now holding Bitcoin treasuries, totaling over 983,000 BTC globally.
about KindlyMD Buys $679M in Bitcoin, Stock Drops 13%