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KindlyMD Board Approves Stock Repurchase Plan to Enhance Capital Allocation Flexibility
Odaily Planet Daily reported that according to an official announcement, healthcare and Bitcoin treasury company KindlyMD (NASDAQ: NAKA) announced that its board has approved a stock repurchase plan, allowing the company to repurchase its common shares from time to time in the future. KindlyMD stated that the plan aims to improve capital allocation flexibility and reflects management's confidence in the company's long-term value and Bitcoin-related business layout.
The announcement said that repurchases can be conducted through open market transactions, private negotiations, block trades, or other lawful means, and may also be implemented under a Rule 10b5-1 trading plan. The specific timing, scale, and method of repurchase will be determined by management based on market conditions, stock price, trading volume, and capital needs.
This plan does not constitute a mandatory repurchase commitment, and the board may adjust, suspend, or terminate it at any time.
KindlyMD completed its merger with Bitcoin-native holding company Nakamoto Holdings in August 2025, forming a publicly listed entity covering both healthcare services and Bitcoin treasury management.
Previous news: KindlyMD faces potential NASDAQ delisting risk after its stock price remained below $1 for 30 consecutive trading days.