Welcome to our dedicated page for Kindly Md news (Ticker: KDLY), a resource for investors and traders seeking the latest updates and insights on Kindly Md stock.
The KDLY news page tracks public updates and announcements from KindlyMD, Inc., a patient-first healthcare and healthcare data company whose stock is listed on Nasdaq. Company news highlights its integrated healthcare services, value-based care initiatives, and its evolving corporate strategy that combines healthcare operations with a planned Bitcoin treasury focus through a definitive merger agreement with Nakamoto Holdings Inc.
Readers can find coverage of quarterly and interim financial results, where KindlyMD reports on revenues, reimbursements from insurance payers, operating expenses, and net income or loss. These releases often include operational highlights such as expansion of insurance credentialing, growth in in-network coverage in Utah, and the development of enterprise-level data analytics to support evidence-based, personalized care.
News items also describe clinical and operational milestones, including the opening of new integrated behavioral health clinics in Utah and the expansion of contracts with major insurers such as Medicare, Medicaid, Select Health, Blue Cross Blue Shield, Cigna Healthcare, and UnitedHealthcare. These updates outline how increased insurance coverage broadens patient access and supports KindlyMD’s alternative pain treatment model.
Another key news theme is the company’s strategic transactions and financing. Releases detail the definitive merger agreement with Nakamoto Holdings, related PIPE and convertible note financings, and a strategic partnership with Anchorage Digital for Bitcoin custody and trading services tied to a planned Bitcoin treasury strategy. Additional announcements include a share repurchase program authorized by the board of directors.
Investors and observers can use this news feed to follow KindlyMD’s progress in integrated healthcare services, its role in alternative pain treatment and medical cannabis recommendations in Utah, and its transition toward a combined healthcare and Bitcoin treasury platform as described in its public communications.
Kindly MD (NASDAQ:KDLY) reported its Q2 2025 financial results while preparing for a transformative merger with Nakamoto Holdings. The company received $9.2 million from warrant exercises and made its first Bitcoin purchase of 21 BTC valued at $2.25 million.
The merger, expected to close around August 11, 2025, has secured approximately $761.5 million in financing through PIPE investments ($561.5M) and convertible notes ($200M). However, Q2 revenues decreased by 36.1% to $408,527, while net loss widened to $2.41 million. Insurance reimbursements showed strong growth of 153.1% to $231,726.
The company ended Q2 with $6.02 million in cash, representing a 165% increase from December 2024.
Nakamoto Holdings and KindlyMD (NASDAQ:KDLY) have partnered with Anchorage Digital for Bitcoin custody and trading services following their merger announcement. The partnership establishes Anchorage Digital as the exclusive custodian for KindlyMD's Bitcoin treasury operations.
The merger deal includes $710 million in financing, with $510 million coming from a PIPE investment, marking the largest PIPE for any public crypto-related transaction. Anchorage Digital, as the only U.S. federally chartered digital asset bank, will provide institutional-grade custody services with bankruptcy-remote protection and legal segregation of client assets.
Nakamoto Holdings, Kindly MD (NASDAQ:KDLY), and Anchorage Digital have announced a strategic partnership focused on corporate Bitcoin adoption. The partnership follows the recently announced merger between Nakamoto and KindlyMD, which secured $710 million in financing, including a $510 million PIPE - the largest for any public crypto-related transaction.
Anchorage Digital, operating the only U.S. federally chartered digital asset bank, will serve as the exclusive custodian and trading service provider for KindlyMD's Bitcoin treasury operations post-merger. The partnership leverages Anchorage Digital's institutional-grade platform, featuring bankruptcy-remote custody, legal segregation of assets, 24/7 trading desk access, and enhanced security measures.
KindlyMD (NASDAQ:KDLY) shareholders have approved the proposed merger with Nakamoto Holdings, a Bitcoin-native holding company. The approval was secured through a written consent from holders of a majority of KindlyMD's outstanding common stock on May 18, 2025. The merger is anticipated to close in the third quarter of 2025, specifically 20 days after mailing the information statement to shareholders. The companies will prepare and file an information statement with the SEC. The merger aims to integrate Bitcoin into KindlyMD's corporate strategy, with both companies expressing enthusiasm about leveraging Bitcoin's potential for long-term value creation.
KindlyMD (NASDAQ: KDLY) has announced a strategic merger with Nakamoto Holdings, a Bitcoin-native holding company founded by David Bailey, to establish a Bitcoin treasury strategy. The transaction includes a $510 million PIPE financing and $200 million in convertible notes, marking the largest capital raise for a Bitcoin treasury launch and the largest PIPE for any public crypto-related transaction.
The combined company will be led by David Bailey as CEO, while KindlyMD's current CEO Tim Pickett will continue managing healthcare operations. The merger aims to accumulate Bitcoin and grow Bitcoin yield through various offerings. The PIPE financing attracted over 200 investors globally, including major investment firms and Bitcoin ecosystem leaders.
Post-merger, KindlyMD will continue trading on Nasdaq under "KDLY" temporarily before adopting a new name and ticker symbol. The transaction is subject to shareholder approval and customary closing conditions.
KindlyMD (NASDAQ: KDLY) has announced the opening of a new integrated behavioral health clinic on the Ogden Regional Medical Center campus, a MountainStar hospital owned by HCA Healthcare. The new facility, launched in January 2025, strategically positions the company to expand its core service offerings into Weber County, Utah.
CEO Tim Pickett highlighted that this expansion aligns with the company's IPO milestones and strengthens their in-network status. The location is expected to enhance access to a larger hospital referral network while delivering integrated physical and mental health treatment services.
KindlyMD (NASDAQ: KDLY) reported Q3 2024 financial results with insurance reimbursements of $106,567, up 16.4% sequentially. Revenue decreased 25.5% to $647,867, primarily due to shifting from cash-pay to insurance billing. The company achieved over 90% insurance coverage in Utah and introduced a $500,000 share repurchase program. Operating expenses increased 22.9% to $1,697,685, leading to a net loss of $1,014,147 ($0.17 per share). The company generated first-time service affiliate agreement earnings of $22,432 and maintained $3.6M in cash reserves.
KindlyMD (NASDAQ: KDLY) announced a new partnership with Cigna Healthcare, expanding its insurance coverage to over 90% of Utah's population. The company has secured contracts with major providers including Select Health, Medicare, Medicaid, Blue Cross Blue Shield, and United Healthcare. As Utah's largest alternative pain treatment provider, KindlyMD has treated over 65,000 patient visits, focusing on integrating traditional primary care with behavioral and alternative therapies. The company aims to address the opioid crisis by providing alternative pain treatments, including medical cannabis evaluations, while ensuring safe opioid use when necessary through comprehensive care plans.
KindlyMD (NASDAQ:KDLY), a patient-first healthcare and healthcare data company, has announced a $500,000 share repurchase program. The program, authorized by the Board of Directors, allows the company to repurchase its common shares from time to time, based on market conditions. CEO Tim Pickett stated that this move demonstrates confidence in KindlyMD's current valuation and future growth opportunity, as well as a commitment to enhancing shareholder value.
The repurchases may be made in the open market, through private negotiations, or other means in compliance with securities laws. The program has no time limit and does not obligate the company to repurchase any specific amount of shares. The timing and amount of repurchases will be determined by management based on various factors, including market conditions and regulatory requirements.
KindlyMD (NASDAQ:KDLY) has announced a contract with UnitedHealthcare Insurance Company, the largest health insurer in the United States. This agreement, effective November 1, 2024, will allow KindlyMD to serve UnitedHealthcare-insured patients and receive reimbursement for services. The contract expands KindlyMD's coverage and enables access to referrals from additional major hospitals and medical systems in Utah.
Tim Pickett, KindlyMD's founder and CEO, described this as a critical milestone for the company. With agreements now in place with Blue Cross Blue Shield, Medicare, Select Health, Medicaid, and UnitedHealthcare, KindlyMD can treat a larger patient population more frequently. The expanded insurance coverage is expected to lower patients' out-of-pocket expenses and drive revenue growth in core service lines.
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