BlockBeats news, on September 15, Kindly MD CEO David Bailey posted on social media that the company submitted the S3 form on September 12, registering the shares sold in the PIPE financing. As these shares enter the market, the company expects the stock price fluctuation may intensify in the short term. For shareholders seeking short-term trades, the company recommends exiting. This transitional phase may bring uncertainty, and the company looks forward to emerging on the other side with consistency and faith alongside our supporters. We have been working hard to prepare for the upcoming developments, and we have already made plans and are ready. According to official information, since the launch of the Bitcoin strategy, the company has completed $742 million in financing and merger transactions, establishing over 5,700 Bitcoin vaults. According to market data, as of the time of publication, Kindly MD, Inc. (NAKA) is down 55.75% in pre-market trading. BlockBeats note: PIPE financing is a way to raise funds by selling shares to private investors, typically at a discount to the market price. After the S-3 form registration is completed, these shares can enter public market trading. With a large number of new shares (in this case, the shares from the PIPE financing) being introduced, the supply of stocks in the market increases. If demand does not grow accordingly, this could lead to downward pressure on the stock price, thus triggering fluctuations.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Quantum Computing Isn't Just Coming for Bitcoin—It Threatens Messaging Apps Too
In brief
IBM researchers are working with Signal and Threema to design messaging systems resistant to quantum attacks.
Cryptographer Ethan Heilman says messaging could face a greater near-term quantum risk than Bitcoin.
Advances in quantum computing are pushing developers to prepare for p
Decrypt14m ago
Bitwise CIO: Bitcoin could reach $1 million in the long term, with its potential stemming from its "digital gold" positioning
Bitwise Chief Investment Officer Matt Hougan pointed out in a memo that Bitcoin's price could reach $1 million in the future. He believes Bitcoin is competing with gold for the position of digital store of value, especially against the backdrop of the expanding global store of value market. If Bitcoin captures 17% of the market share, its price is expected to rise significantly.
GateNews43m ago
Altseason 3.0 Setup? OTHERS/BTC Retests Historic Launchpad as 4 Altcoins Prepare for Potential 5× Expansion
OTHERS/BTC retested a historic launchpad, creating a structured setup for potential 5× gains across selected altcoins.
Arbitrum, Aptos, Pepe, and Bonk exhibit consistent support and resistance patterns with measured trading volume.
Oscillators and trend lines indicate balanced momentum, s
CryptoNewsLand59m ago
Will Bitcoin Mirror Oil’s Historic Rally to $79K by the end of March?
The oil market has moved in tandem with geopolitical headlines, but Bitcoin’s response to these energy shocks remains imperfect and highly nuanced. Crude prices have surged to about $101 per barrel, delivering what observers describe as a record 55% jump in just ten days. In parallel, equities
CryptoBreaking1h ago
