Tag: PIPE

KindlyMD (NAKA) Buys $679M Worth of Bitcoin in First Post-Merger Treasury Move

By Marco Piccolo Key highlights: KindlyMD acquired 5,743.91 BTC for approximately $679 million via its subsidiary Nakamoto Holdings. The purchase is the company’s first major Bitcoin acquisition following its merger with Nakamoto Holdings. The acquisition follows a $200 million convertible note offering, adding to $540 million previously raised through PIPE financing. Trade Crypto on Kraken […]

SharpLink Buys $463 MILLION Worth of Ethereum, Becomes Largest Publicly-Traded ETH Holder

By Marco Piccolo SharpLink Gaming (SBET) has made headlines by acquiring 176,271 ETH for nearly $463 million, positioning itself as the world’s largest publicly traded holder of Ether. Ethereum becomes SharpLink’s treasury backbone In a statement released Friday, SharpLink revealed it funded the purchase through a mix of private placement and an at-the-market (ATM) equity […]