Kindly MD, Inc. (NASDAQ:NAKA) shares ran on Tuesday on likely sympathy with fellow crypto-treasury company QMMM Holdings Ltd (NASDAQ:QMMM), which soared more than 1700%.
- NAKA stock rocketed today. See the details here.
What To Know: Shares of Kindly MD gained 77.19% in Tuesday’s regular trading session to close at $8.08, despite a lack of company-specific news.
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It is likely that the stock moved in sympathy with QMMM as it soared on news of a $100 million crypto treasury strategy similar to that of Kindly MD’s subsidiary Nakamoto Holdings Inc.
After Tuesday’s closing bell, Kindly MD announced Nakamoto has made an up to $30 million commitment to invest in Metaplanet Inc.‘s offering.
Metaplanet is Japan’s first Bitcoin (CRYPTO: BTC) and the transaction would mark Nakamoto’s largest single investment to date and its first in an Asian public company with a Bitcoin treasury strategy.
NAKA Price Action: Kindly MD shares fell on the news and were down 12% at $7.11 in Tuesday’s extended trading, according to Benzinga Pro.
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