Haciyev Reşit 
On August 26, Kindly MD filed a Form S-3 with the U.S. Securities and Exchange Commission (SEC), enabling the issuance of up to $5 billion in securities. The company plans to direct the majority of these proceeds toward Bitcoin purchases and to meet corporate needs.
Flexibility Through $5 Billion Shelf Registration
The automatic shelf registration covers a wide range of securities—including common and preferred stock, debt instruments, warrants, rights, and units. This move provides Kindly MD with flexibility to issue both equity and debt.
Use of Proceeds
According to the filing, the proceeds may be allocated to:
- Expanding Bitcoin treasury reserves
- Debt repayments
- Potential acquisitions
- General working capital
Earlier this year, Kindly MD conducted over $500 million in private placements solely to support Bitcoin purchases. Additionally, it raised more than $200 million through a Bitcoin-backed convertible bond issuance.
Bitcoin Treasury Strategy
The company has formally adopted a Treasury Reserve Policy that designates Bitcoin as its primary reserve asset. This strategy grants flexibility to finance further BTC acquisitions either through new security issuances or leveraging existing assets.
Just last week, Kindly MD added 5,743.91 BTC, bringing its total holdings to 5,764.91 BTC. This expansion clearly reflects the company’s long-term goal of accumulating Bitcoin.
Market Outlook
The $5 billion shelf offering is aimed at strengthening Kindly MD’s treasury strategy and could also generate positive sentiment in the market. During these developments, Bitcoin traded above $112,000, briefly dipping below $111,000.
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