Shares of the US-listed healthcare data company Kindly MD fell by 4.23%, with its market capitalization dropping to $111 million.
Previously, Kindly MD, Inc. announced the completion of an additional $51.5 million PIPE (Private Investment in Public Equity) financing to support its efforts in establishing a Bitcoin treasury. KindlyMD has also announced plans to merge with Nakamoto Holdings Inc. ("Nakamoto"), a Bitcoin-native holding company.