NAKA Raises $200M, Sinks 11%

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Crypto News

KindlyMD (NAKA), the Nasdaq-listed firm that’s recently merged with bitcoin treasury firm Nakamoto closed a $200 million convertible note offering late Friday. The convertible notes bear no interest in the first two year, then they carry a 6% annual rate starting in year three until maturity in 2028. The firm intends to use the funds […]