A 600% rally: How Bitcoin sent this healthcare stock soaring
- Kindly MD Inc. (NASDAQ: KDLY) soared over 600% this morning after merging with Nakamoto Holdings, a Bitcoin investment firm founded by David Bailey in early 2025. Bailey is among the key personnel who are serving as crypto advisors to US President Donald Trump.
- 05/12/2025
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Next Technology Stock Soars Again After Reporting Bitcoin Holdings
- Close Key Takeaways Next Technology Holding shares took off for a second straight session Monday after the software services provider and bitcoin buyer reported its holdings of the cryptocurrency jumped.The company added 5,000 bitcoin to its portfolio since the end of last year, giving it 5,833.Next Technology said it plans to continue acquiring bitcoin, which it sees as likely to increase in value and serve to offset inflation in the long term. Shares of Next Technology Holding (NXTT) took off for a second straight session Monday after the software services provider and bitcoin buyer reported its holdings of the cryptocurrency jumped. Next Technology reported in a regulatory filing last week that it held 5,833 bitcoin, 5,000 of which it bought since the end of last year. It said the value of its bitcoin portfolio as of March 31 was $481.7 million, while it paid $183.1 million to purchase them. The company noted that it sees its bitcoin investment "as long-term holdings" and expects to continue acquiring them. It added that it hasn't "set any specific target" for the number of bitcoin it seeks to hold, and will "continue to monitor market conditions in determining whether to engage in additional financings" to make more purchases. Firm Says Bitcoin Has 'Potential to Serve as a Hedge Against Inflation' Next Technology explained that bitcoin "offers the opportunity for appreciation in value if its adoption increases and has the potential to serve as a hedge against inflation in the long-term." The news sent Next Technology shares soaring 661% on Friday, and another 47% Monday morning to $3.45. They've also gotten a boost by the recent runup of the price of bitcoin, which is trading above $104,000. Today's move lifted the stock from negative to positive territory for 2025. Another firm seeing its shares fly higher because of bitcoin-related news is healthcare provider Kindly MD (KDLY), whose stock is soaring 380% Monday to $18.99 after it announced a merger with bitcoin-native holding company Nakamoto Holdings in order to start a bitcoin treasury strategy. Nakamoto was founded by David Bailey, a key cryptocurrency advisor to President Donald Trump. UPDATE—This story has been updated with the latest share price information. TradingView Do you have a news tip for Investopedia reporters? Please email us at tips@investopedia.com
- 05/12/2025
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David Bailey and Bitcoin-Native Holding Company Nakamoto Announce Merger with KindlyMD® to Establish Bitcoin Treasury
- SALT LAKE CITY--(BUSINESS WIRE)--KindlyMD, Inc. (NASDAQ:KDLY, “KindlyMD”), a leading provider of integrated healthcare services, today announced that it has entered into a definitive merger agreement with Nakamoto Holdings Inc. (“Nakamoto”), a Bitcoin-native holding company, to start a Bitcoin treasury strategy. Nakamoto is a new holding company founded by David Bailey. In partnership with BTC Inc, Nakamoto seeks to build the first global network of Bitcoin treasury companies. This is the first.
- 05/12/2025
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KindlyMD(R) Opens New Integrated Behavioral Health Clinic on the Ogden Regional Medical Center Campus
- The hospital location positions KindlyMD to expand its core service offerings into Weber County SALT LAKE CITY, UT / ACCESS Newswire / January 22, 2025 / KindlyMD ("KindlyMD" or the "Company") (NASDAQ:KDLY), a leading provider of integrated healthcare services, today announced the opening of a new integrated behavioral health clinic location on the campus of Ogden Regional Medical Center, a MountainStar hospital owned by HCA Healthcare. "We are excited to open our new location on the campus of Ogden Regional Medical Center in Utah," said CEO Tim Pickett.
- 01/22/2025
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KindlyMD(R) Announces Third Quarter 2024 Financial Results
- Q3 Reimbursements from insurance payors totaled $106,567 an increase of 16.4% sequentially KindlyMD now provides more than 90% in-network insurance coverage in Utah SALT LAKE CITY, UT / ACCESSWIRE / November 13, 2024 / ("KindlyMD" or the "Company") (NASDAQ:KDLY), a patient-first healthcare and healthcare data company redefining value-based care and patient-centered medical services, today announced its financial results for the third quarter ended September 30, 2024. "We are pleased with the progress made during the third quarter to expand our credentialing and increase insurance visits, resulting in a 16.4% growth sequentially.
- 11/13/2024
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KindlyMD(R) Announces New Partnership With Cigna Healthcare to Further Expand Patient Care Accessibility
- KindlyMD now provides more than 90% statewide comprehensive insurance coverage SALT LAKE CITY, UT / ACCESSWIRE / October 29, 2024 / KindlyMD, Inc. ("KindlyMD" or the "Company") (NASDAQ:KDLY), a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, today announced it is now contracted with Cigna Healthcare, after receiving additional credentialing. Cigna's innovative approach to behavioral health focuses on integrating mental health services with primary care and ensuring that individuals receive comprehensive support tailored to their unique needs.
- 10/29/2024
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KindlyMD(TM) Recognized with Healthcare AI Impact Award 2024
- SALT LAKE CITY, UT / ACCESSWIRE / September 12, 2024 / KindlyMD, Inc. ("KindlyMD" or the "Company") (NASDAQ:KDLY), a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, today announced it has been recognized as one of the winners of the Healthcare AI Impact Award 2024. This award spotlights the most forward-thinking companies in healthcare, driving real improvements in patient care and operational efficiency through the use of artificial intelligence.
- 09/12/2024
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KindlyMD(TM) Appoints Nancy Pratt as Behavioral Health Program Director
- Ms. Pratt, a seasoned mental health counselor with extensive academic and practical experience, will enhance the Company's Complete Care and Therapy services SALT LAKE CITY, UT / ACCESSWIRE / August 22, 2024 / KindlyMD, Inc. ("KindlyMD" or the "Company") (NASDAQ:KDLY), a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, is pleased to announce the appointment of Nancy Pratt, a clinical mental health counselor (CMHC), as Behavioral Health Program Director. Ms. Pratt will bolster the KindlyMD leadership team, driving the Company's Complete Care and Therapy services as a key part of their strategic mission to offer comprehensive, Complete Care programs for patients.
- 08/22/2024
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KindlyMD Announces Second Quarter 2024 Financial Results and Provides Shareholder Update
- Company provides nearly 80% statewide comprehensive insurance coverage in Utah under contract with providers such as Medicare, Select Health, Medicaid, and Blue Cross Blue Shield Reimbursement from insurance payors increased 163.7% sequentially and is expected to increase as a percentage of total revenue going forward Reimbursements from insurance payors totaled $126,325 in first half of 2024 as compared to $0 during the first half of 2023 SALT LAKE CITY, UT / ACCESSWIRE / August 14, 2024 / KindlyMD, Inc. ("KindlyMD" or the "Company") (NASDAQ:KDLY), a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, today announced its financial results for the second quarter ended June 30, 2024 and is providing a shareholder update. Tim Pickett, PA-C, KindlyMD Founder and CEO, stated, "During the second quarter we successfully closed on our IPO for gross proceeds of approximately $6 million.
- 08/14/2024
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KindlyMD to Present at Upcoming August 2024 Investor Conferences
- SALT LAKE CITY, UT / ACCESSWIRE / August 13, 2024 / KindlyMD, Inc. ("KindlyMD" or the "Company") (NASDAQ:KDLY), a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, is pleased to announce that management is scheduled to participate in the following August 2024 conferences. Sidoti Micro-Cap Virtual Conference Presentation Date and Time: Wednesday, August 14th at 11:30 a.m.
- 08/13/2024
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KindlyMD(TM) Submits Comment to the Department of Justice Regarding Cannabis Rescheduling
- SALT LAKE CITY, UT / ACCESSWIRE / July 25, 2024 / KindlyMD, Inc. ("KindlyMD" or the "Company") (NASDAQ:KDLY), a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, announced today that it has submitted a comment to the U.S. Department of Justice, following its recent proposed rule to reclassify cannabis from Schedule I to Schedule III of the Controlled Substances Act ("CSA"), consistent with the view of the Department of Health and Human Services ("HHS") that cannabis has a currently accepted medical use as well as HHS's views concerning cannabis abuse potential and the level of physical or psychological dependence. For the past 54 years, cannabis has been categorized as a Schedule I controlled substance under the Controlled Substances Act.
- 07/25/2024
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3 Cannabis Stocks to Buy at a 52-Week Low in July
- With the federal government moving to reschedule cannabis to Schedule III, effectively paving the way for medical cannabis legalization, cannabis stocks are in the spotlight. Cannabis stocks initially spiked on the news but quickly returned to previous levels.
- 07/17/2024
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3 IPO Gems Flying Under the Radar (for Now)
- Though Reddit (NYSE: RDDT ) may have been the most recent big-name IPO, the initial listings market is still cooking, and undervalued IPO stocks abound. The last undervalued IPO stock I picked at the beginning of June, Nano Nuclear Energy (NASDAQ: NNE ), returned over 300% since I first noticed it, further proving that undervalued IPO stocks are out there if you know where to look.
- 07/03/2024
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KindlyMD(TM) is Proudly Contracted with Blue Cross Blue Shield Under Utah's Top Insurance Payors
- KindlyMD is now providing nearly 80% statewide comprehensive insurance coverage SALT LAKE CITY, UT / ACCESSWIRE / June 17, 2024 / KindlyMD, Inc. ("KindlyMD" or the "Company") (NASDAQ:KDLY), a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, today announced it has received additional credentialing and is now proudly contracted with Blue Cross Blue Shield under Utah's top insurance payors. The Company recently announced it became one of the first alternative medical treatment companies in the state to receive this status, with the contracts of Select Health, Medicare, and Medicaid.
- 06/17/2024
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KindlyMD(TM) Collaborates with Curaleaf to Expand Patient Education on Medical Cannabis Care in Utah
- Community care events to be held throughout summer at Curaleaf's Lehi, Provo, and Payson, Utah Medical Cannabis Pharmacies SALT LAKE CITY, UT / ACCESSWIRE / June 10, 2024 / KindlyMD, Inc. ("KindlyMD" or "the Company") (NASDAQ:KDLY), a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, today announced a strategic collaboration with Curaleaf Holdings, Inc. (TSX:CURA)(OTCQX:CURLF) ("Curaleaf"), a leading international provider of consumer products in cannabis. Under the terms of the collaboration, KindlyMD and Curaleaf will work together to provide educational resources and information with a community perspective on holistic pain management and treatment.
- 06/10/2024
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KindlyMD Becomes First Utah Alternative Medical Treatment Company to Contract Under State's Top Insurance Payors
- Insurance payors include Medicare, Utah's largest insurer, Select Health, and Medicaid, providing KindlyMD nearly 70% statewide comprehensive insurance coverage SALT LAKE CITY, UT / ACCESSWIRE / June 5, 2024 / KindlyMD, Inc. ("KindlyMD" or the "Company") (NASDAQ:KDLY), a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, today announced it has received credentialing and is contracted under Utah's top insurance payors, becoming the first alternative medical treatment company in the state to receive this status. Kindly MD, Inc. is currently contracted with Select Health, Medicare, and Medicaid.
- 06/05/2024
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KindlyMD to Present at the KCSA Cannabis Virtual Investor Conference on June 5th
- SALT LAKE CITY, UT / ACCESSWIRE / June 4, 2024 / KindlyMD, Inc. (NASDAQ:KDLY)(NASDAQ:KDLYW) ("KindlyMD" or "the Company"), a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, including the recommendation of medical cannabis in patient treatment plans in compliance with a legalized state medical cannabis regulatory scheme, today announced that Tim Pickett, Founder and Chief Executive Officer, is scheduled to present at the KCSA Cannabis Virtual Conference on Wednesday, June 5th at 3 p.m. ET. Registration Link: https://bit.ly/3QVIu08 If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available.
- 06/04/2024
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WallachBeth Announces Closing of KindlyMD's $6.8m IPO
- JERSEY CITY, N.J. , June 3, 2024 /PRNewswire/ -- WallachBeth Capital LLC, a leading provider of capital markets and institutional execution services, announced today that KindlyMD, Inc. (NASDAQ: KDLY; KDLYW) a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies has completed its previously announced IPO of 1,240,910 units at a price of $5.50 per Unit for a total of approximately $6.8 million of gross proceeds to the Company, prior to deducting underwriting discounts and offering expenses.
- 06/03/2024
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KindlyMD Announces Closing of $6.8 Million Initial Public Offering
- SALT LAKE CITY, UT / ACCESSWIRE / June 3, 2024 / KindlyMD, Inc. (NASDAQ:KDLY)(NASDAQ:KDLYW) ("KindlyMD" or the "Company"), a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, including the recommendation of medical cannabis in patient treatment plans in compliance with a legalized state medical cannabis regulatory scheme, today announced the closing of its previously announced initial public offering of 1,240,910 units (each, a "Unit," collectively, the "Units") at a price of $5.50 per Unit for a total of approximately $6.8 million of gross proceeds to the Company, prior to deducting underwriting discounts and offering expenses. Each Unit is comprised of one share of the Company's common stock with $0.001 par value per share ("Common Stock"), one tradeable warrant (each, a "Tradeable Warrant," collectively, the "Tradeable Warrants") to purchase one share of Common Stock at an exercise price of $6.33 per share, and one non-tradeable warrant (each, a "Non-tradeable Warrant," collectively, the "Non-tradeable Warrants") to purchase one-half of one share of Common Stock at an exercise price of $6.33 per share.
- 06/03/2024
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WallachBeth Capital Announces Pricing of KindlyMD's $6.8 Million IPO
- JERSEY CITY, N.J. , May 31, 2024 /PRNewswire/ -- KindlyMD, Inc. (NASDAQ: KDLY; KDLYW) ("KindlyMD" or the "Company"), a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, including the recommendation of medical cannabis in patient treatment plans in compliance with a legalized state medical cannabis regulatory scheme, today announced the pricing of its initial public offering of 1,240,910 units (each, a "Unit," collectively, the "Units") at a price of $5.50 per Unit for a total of approximately $6.8 million of gross proceeds to the Company.
- 05/31/2024
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KindlyMD Announces Pricing of $6.8 Million Initial Public Offering
- SALT LAKE CITY, UT / ACCESSWIRE / May 31, 2024 / KindlyMD, Inc. (NASDAQ:KDLY)(NASDAQ:KDLYW) ("KindlyMD" or the "Company"), a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, including the recommendation of medical cannabis in patient treatment plans in compliance with a legalized state medical cannabis regulatory scheme, today announced the pricing of its initial public offering of 1,240,910 units (each, a "Unit," collectively, the "Units") at a price of $5.50 per Unit for a total of approximately $6.8 million of gross proceeds to the Company. Each Unit is comprised of one share of the Company's common stock with $0.001 par value per share ("Common Stock"), one tradeable warrant (each, a "Tradeable Warrant," collectively, the "Tradeable Warrants") to purchase one share of Common Stock at an exercise price of $6.33 per share, and one non-tradeable warrant (each, a "Non-tradeable Warrant," collectively, the "Non-tradeable Warrants") to purchase one-half of one share of Common Stock at an exercise price of $6.33 per share.
- 05/31/2024
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