Bitcoin Treasury KindlyMD to Issue $250M in Convertible Debt With Nasdaq-Listed Antalpha
The company, the result of a merger earlier this year with David Bailey's Nakamoto Holdings, holds about $726 million in its Bitcoin treasury.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
10-year Treasury yield hits new high, pressures tech stocks and Bitcoin markets
Rising Treasury yields could lead to broader economic shifts, affecting borrowing costs and investor sentiment across various asse...
Bitcoin slips below $85,000 as 5% Treasury yield returns to haunt risk assets
Bitcoin fell below $85,000 on Sept. 23 after stronger-than-expected US business activity sent Treasury yields higher and flushed l...
Bitcoin Price Slips While US Treasury Yields Soar, Oil Prices Climb
Bitcoin Magazine Bitcoin Price Slips While US Treasury Yields Soar, Oil Prices Climb Bitcoin’s price slid on Wednesday, just as U....
Circle pays millions for Binance distribution while its margins collapse
Circle is doubling down on Binance after USD Coin (USDC) stablecoin customer balances on the exchange nearly quintupled since thei...
Bitcoin treasury stocks have gone ice cold
Over the past 18 months, the vast majority of publicly traded companies that pivoted to a BTC treasury strategy have lost money si...
MoonPay Agrees to Buy North Capital and Its SEC-Registered Securities Brokerage
MoonPay built its business moving money between bank accounts and crypto wallets for more than 35 million customers. On Wednesday,...