Friendly (Naka)Nasdaq-Listed Health Care that was recently merged with Bitcoin The Treasury company Nakamoto is ready to offer as much as $ 5 billion in equity for financing the purchase of more BTC.
The Salt Lake City-based company filed a shelf registration statement at the US Securities and Exchange Commission (SEK) For a program for equity deals in the market.
The program allows the company to sell joint stock with timing and constitute the provisions of a number of factors, including market prices, the company said on Tuesday. The funds are also used for general business purposes, such as acquisitions of companies, assets or or technologies.
Friendly Hymd began its Bitcoin Treasury strategy earlier this month, which made its first acquisition of 5,743,91 BTC ($ 635.4 million) on August 19th.
Naka shares fell 12% to $ 8.07 on Tuesday with the burned BTC’s relatively depressed price action. Bitcoin has fallen over 10% since climbing to a height of over $ 123,000 in the middle of this month, according to Coindesk data.
Read more: David Bailey’s Nakamoto Holdings, which becomes public via merge with friendly; Shares Soar 650%
