US Stock NAKA, Bitcoin Treasury Stock, Plunges Pre-market as Company Announces PIPE Financing Shares About to Hit the Public Market

BlockBeats News, September 15th, Kindly MD CEO David Bailey announced on social media that the company had submitted an S3 form on September 12th, registering the shares sold in the PIPE financing. With these shares entering the market, the company anticipates that stock price volatility may intensify in the short term. For shareholders looking for short-term trades, the company recommends exiting. This transitional phase may bring uncertainty, and the company looks forward to emerging on the other side with consistency and conviction alongside supporters. Kindly MD has been working hard to prepare for the upcoming developments, has laid out plans, and is ready.

According to official information, since the launch of the Bitcoin strategy, the company has completed $7.42 billion in financing and merger transactions, and has established a treasury of over 5,700 bitcoins.

In May 2025, KindlyMD announced a final merger agreement with the Bitcoin-native holding company Nakamoto Holdings, establishing a publicly traded Bitcoin fund management company. The stock briefly surged to $24.8 on May 27th, rising 1184.974% within a month, before entering a downturn. As of the time of writing, Kindly MD, Inc. (NAKA) plummeted 55.75% in pre-market trading, trading at only $1.23, down 95% from its peak, and even though it has fallen 36.2% compared to the low point in early May.

BlockBeats Note: PIPE financing is a way to raise funds by selling stock to private investors, usually at a discounted price below the market price. After the registration on the S-3 form is completed, these shares can enter public market trading. With a significant number of additional shares introduced (in this case, shares from the PIPE financing), the stock supply in the market increases. If demand does not grow proportionally, this may put downward pressure on the stock price, leading to volatility.