KindlyMD completes $200 million convertible bond financing to increase Bitcoin holdings, according to Jinse Finance. Nasdaq-listed company KindlyMD (NAKA, merged with Bitcoin treasury company Nakamoto) completed a $200 million convertible bond financing last Friday, with funds intended for increasing Bitcoin holdings. The financing was arranged by Yorkville Advisors, with terms requiring KindlyMD to pledge Bitcoin equivalent to twice the principal as collateral, and allowing creditors to convert to stock at an initial price of $2.8 per share. #Gate七月透明度报告发布##BTC ETF持仓破1530亿美元##美联储终止新型活动监管#
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Myanuo
· 08-19 00:16
KindlyMD completes $200 million convertible bond financing to increase Bitcoin holdings, Golden Finance reports. Nasdaq-listed company KindlyMD (NAKA, merged with Bitcoin treasury company Nakamoto) completed a $200 million convertible bond financing last Friday, with funds intended for increasing Bitcoin holdings. The financing was arranged by Yorkville Advisors, with terms requiring KindlyMD to collateralize with Bitcoin equivalent to twice the principal, and allowing creditors to convert to stock at an initial price of $2.8 per share.
KindlyMD completes $200 million convertible bond financing to increase Bitcoin holdings, according to Jinse Finance. Nasdaq-listed company KindlyMD (NAKA, merged with Bitcoin treasury company Nakamoto) completed a $200 million convertible bond financing last Friday, with funds intended for increasing Bitcoin holdings. The financing was arranged by Yorkville Advisors, with terms requiring KindlyMD to pledge Bitcoin equivalent to twice the principal as collateral, and allowing creditors to convert to stock at an initial price of $2.8 per share. #Gate七月透明度报告发布# #BTC ETF持仓破1530亿美元# #美联储终止新型活动监管#