Kindly MD, Inc. - Common Stock (NAKA)

Kindly MD, Inc. (NASDAQ: NAKA) (“KindlyMD”), which previously announced its anticipated merger with Nakamoto Holdings Inc. (“Nakamoto”), a Bitcoin-native holding company, today announced the close of an additional $51.5 million in private placement in public equity (“PIPE financing”) to support its efforts to establish a Bitcoin treasury. To date, KindlyMD has raised a total of approximately $563 million in PIPE financing and $763 million including convertible notes.

Nakamoto Holdings Inc. (“Nakamoto”), a Bitcoin-native holding company, which previously announced its anticipated merger with Kindly MD, Inc. (NASDAQ: NAKA) (“KindlyMD”), today announced the appointment of Tyler Evans as Chief Investment Officer. Building on his six-year track record at UTXO Management, Tyler will lead the strategy and execution of Nakamoto’s Bitcoin reserve deployment by originating and structuring deals across capital markets to grow the company’s balance sheet and drive long-term shareholder value.

Nakamoto Holdings Inc. (“Nakamoto”), a Bitcoin-native holding that has entered into a definitive merger agreement with KindlyMD, Inc. (NASDAQ: NAKA) (“KindlyMD”), is pleased to share that David Bailey, Chief Executive Officer, will participate in an ICR Conference Spotlight Series webinar taking place on Friday, June 20, 2025 at 11am ET.

Kindly MD, Inc. (NASDAQ: NAKA) (“KindlyMD” or the “Company”), a leading provider of integrated healthcare services, today announced that it has purchased 21 Bitcoin at a weighted average price of $109,027 per Bitcoin for approximately $2.3 million. The Company made this initial purchase of Bitcoin using a portion of the $8,748,370 gross proceeds received from the exercise of some of the Company’s outstanding warrants, resulting in the issuance of 1,437,362 shares of common stock of the Company.