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TechFlow news, August 19 — According to Decrypt, bitcoin treasury company KindlyMD announced the completion of a $200 million convertible bond issuance, with proceeds to be used for increasing its bitcoin holdings. The financing was managed by YA II PN, Ltd., an affiliate of hedge fund Yorkville Advisors. In May this year, KindlyMD announced a merger with Nakamoto Holdings while retaining the KindlyMD brand.
According to Decrypt, Bitcoin treasury company KindlyMD announced the completion of a $200 million convertible bond issuance, with proceeds to be used for increasing its Bitcoin holdings. The financing was managed by YA II PN, Ltd., an affiliate of hedge fund Yorkville Advisors. In May this year, KindlyMD announced a merger with Nakamoto Holdings while retaining the KindlyMD brand.
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