KindlyMD purchases 21 BTC for the first time and will include it in its Bitcoin financial strategy

According to Golden Finance, KindlyMD, a Nasdaq listed company, announced the purchase of 21 bitcoins (equivalent to one millionth of the total supply of bitcoins) at a weighted average price of $109027 per coin, with a total value of approximately $2.3 million. It is reported that this is the company's first purchase of bitcoins, using a portion of the total proceeds of $8748370 from the exercise of some of the company's outstanding warrants. Previously, KindlyMD shareholders had agreed to merge with Nakamoto, a Bitcoin company associated with Trump. The merger is expected to be completed 20 days after both parties submit SEC information statements, and the final delivery is scheduled for the third quarter of 2025.