The company created by the merger of Nakamoto and KindlyMD will focuse on a Bitcoin treasury strategy aiming to accumulate Bitcoin and increase its “bitcoin yield” per share by issuing equity, debt, and hybrid financial instruments
Claim
Quotes that support claims
The company resulting from the new merger aims to accumulate Bitcoin and grow the BTC held per share. Much like Michael Saylor’s Strategy (formerly MicroStrategy), the new firm plans to leverage equity, debt and other offerings to achieve its objectives. The announcement promises that the company will provide “market exposure to Bitcoin within a compliant, transparent structure.”
The combined company will aim both to accumulate bitcoin and grow the bitcoin owned on a per share basis, or "Bitcoin Yield," through a variety of equity, debt, and other offerings, according to a statement on Monday.
Referenced by
Summary
Crypto news
Data block