KindlyMD's subsidiary commits to injecting $30 million into Metaplanet's Bitcoin equity financing

ChainCatcher news, Nakamoto, a subsidiary of the Nasdaq-listed healthcare company KindlyMD, has committed to invest up to $30,000,000 to participate in Metaplanet's global stock issuance, marking its largest investment to date and its first investment in an Asian listed company adopting a Bitcoin funding strategy.

Metaplanet announced on Tuesday that it plans to issue 385 million new shares to raise approximately $1,400,000,000 to support its Bitcoin accumulation strategy. On August 27, Nasdaq-listed KindlyMD announced plans to issue $5 billion in stock to expand its Bitcoin treasury business.