KindlyMD launches bold $5B equity offering to accelerate Bitcoin treasury expansion on Nasdaq

KindlyMD is making a major move to expand its Bitcoin strategy. The Nasdaq-listed company has filed for a multi-billion-dollar equity program to fund its growing Bitcoin treasury.

Summary

Nasdaq-listed KindlyMD files for a $5 billion at-the-market equity program to expand its Bitcoin holdings.
The move follows the company’s recent acquisition of nearly 6,000 BTC via its merger with Nakamoto Holdings.
Corporate Bitcoin treasuries are growing globally, with the top 100 public companies holding almost 1 million BTC.

KindlyMD has filed an SEC shelf registration for an at-the-market equity program of up to $5 billion to fund additional Bitcoin (BTC) purchases. Announced on August 26, the filing allows the company to sell shares gradually on Nasdaq through underwriters including TD Securities, Cantor, and B. Riley.

Proceeds from the sales will go towards KindlyMD’s Bitcoin treasury strategy and support general corporate purposes. The allocation for Bitcoin accumulation aligns with the company’s ongoing plan to grow its BTC holdings, following its pivot to a Bitcoin-first treasury strategy approved by shareholders in May.

The filing also follows the company’s recent acquisition of nearly 5,744 BTC through its merger with Nakamoto Holdings. That deal brought KindlyMD’s total holdings to approximately 5,765 BTC, worth nearly $639 million at current prices.

The $5B equity program builds directly on that and underscores the scale of KindlyMD’s ambition. At BTC’s current price of about $111,300, a full raise could add nearly 44,900 BTC to its treasury. Combined with its current holdings, the company could control more than 50,000 BTC, a level that would place it among the largest corporate holders of the asset and signal one of the boldest treasury strategies yet.

KindlyMD’s $5B equity plan is t

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Author: Grace Abidemi

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