BTCC
/
BTCC Square
/
decryptCO
/
KindlyMD Stock Plunges After Massive $679 Million Bitcoin Treasury Purchase
KindlyMD Stock Plunges After Massive $679 Million Bitcoin Treasury Purchase
28
2
KindlyMD just bet the farm on Bitcoin—and Wall Street isn't smiling.
The healthcare firm's stock nosedived following their jaw-dropping $679 million BTC acquisition, turning their balance sheet into a high-stakes crypto roulette table. Markets reacted like they'd just seen a surgeon trade scalpels for lottery tickets.
This isn't just diversification—it's a corporate adrenaline shot straight into the volatile heart of digital assets. While some hail it as visionary treasury management, critics see it as a desperate Hail Mary from a company chasing relevance in the crypto casino.
Because nothing says 'stable healthcare investment' like betting half a billion on an asset that can swing 20% before lunch.
Daily Debrief Newsletter
Start every day with the top news stories right now, plus original features, a podcast, videos and more.Your EmailGet it!Get it!
By:
