KindlyMD subsidiary Nakamoto to invest $30 million in Metaplanet

* KindlyMD (NASDAQ:NAKA [https://seekingalpha.com/symbol/NAKA]) announced on Tuesday that its subsidiary Nakamoto has made an up to $30 million commitment to invest in the recently announced international equity financing in common stock of Metaplanet, Japan's first and leading Bitcoin treasury company.
* The company said this would mark Nakamoto's largest single investment to date, and its first in an Asian public company with a Bitcoin treasury strategy.
* The primary objective of the International Offering is to acquire a large amount of Bitcoin in a short period of time while significantly expanding Bitcoin net asset value, it added.
* The company's investment in the international offering is expected to be funded on September 16, 2025, and the issuance and delivery of the common stock issued thereunder is expected to occur on September 17, 2025.
* The proceeds of the offering are expected to be allocated primarily to the purchase of Bitcoin.
* NAKA -17.20% after hours to $6.69.
* Source: Press Release [https://seekingalpha.com/pr/20227120-kindlymd-subsidiary-nakamoto-announces-30-million-investment-in-metaplanet]

MORE ON KINDLYMD

* Kindly MD: Stuck In A Highly Dilutive Cycle [https://seekingalpha.com/article/4820587-kindly-md-stuck-in-a-highly-dilutive-cycle]
* Nasdaq tightens rules on firms hoarding tokens, sending crypto treasury stocks lower [https://seekingalpha.com/news/4492376-nasdaq-tightens-rules-on-firms-hoarding-tokens-sending-crypto-treasury-stocks-lower]
* KindlyMD and Nakamoto announce additional $51.5 million in PIPE financing to support bitcoin treasury efforts [https://seekingalpha.com/news/4460180-kindlymd-and-nakamoto-announce-additional-515-million-in-pipe-financing-to-support-bitcoin-treasury-efforts]
* Historical earnings data for KindlyMD [https://seekingalpha.com/symbol/NAKA/earnings]
* Financial information for KindlyMD [https://seekingalpha.com/symbol/NAKA/income-statement]