U.S. stocks BTC Treasury shares NAKA pre-market 50% Slump, the company announced that PIPE financing shares will soon enter the public market.

GateNews
BTC2,34%

BlockBeats news, on September 15, Kindly MD CEO David Bailey posted on social media that the company submitted the S3 form on September 12, registering the shares sold in the PIPE financing. As these shares enter the market, the company expects the stock price fluctuation may intensify in the short term. For shareholders seeking 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 faith alongside our supporters. We have been working hard to prepare for the upcoming developments, and we have already made plans and are ready. According to official information, since the launch of the Bitcoin strategy, the company has completed $742 million in financing and merger transactions, establishing over 5,700 Bitcoin vaults. According to market data, as of the time of publication, Kindly MD, Inc. (NAKA) is down 55.75% in pre-market trading. BlockBeats note: PIPE financing is a way to raise funds by selling shares to private investors, typically at a discount to the market price. After the S-3 form registration is completed, these shares can enter public market trading. With a large number of new shares (in this case, the shares from the PIPE financing) being introduced, the supply of stocks in the market increases. If demand does not grow accordingly, this could lead to downward pressure on the stock price, thus triggering fluctuations.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BTC drops below 70,000 USDT

Gate News bot message, Gate market display, BTC drops below 70,000 USDT, current price 69,984.8 USDT.

CryptoRadar47m ago

BTC 15-minute decline of 0.70%: On-chain large transfers and macro bearish signals resonate, triggering short-term selling pressure

From 18:00 to 18:15 (UTC) on March 10, 2026, BTC experienced a significant price fluctuation, with a 15-minute return of -0.70%. The price range was 70366.3-70915.0 USDT, with an amplitude of 0.77%. During the same period, trading volume increased by 18% compared to the previous hour's average, and the order book depth temporarily narrowed, indicating increased market volatility and heightened attention. The main drivers of this fluctuation were multiple large on-chain fund transfers and macro news resonance. Between 18:03 and 18:12, there were several on-chain transactions exceeding 500

GateNews1h ago
Comment
0/400
GateUser-242e3aeavip
· 2025-09-15 17:05
Ape in Bull Run HODL Tight
Reply0