Nasdaq-listed healthcare services company KindlyMD has announced plans to raise up to $5 billion through a stock offering to bolster its Bitcoin strategy. This move will be made by issuing shares gradually via the ATM method as part of its registration application submitted to the U.S. Securities and Exchange Commission (SEC). The proceeds from this share sale are intended for general corporate use, with the company’s primary focus on expanding its Bitcoin holdings. Shares will be offered at market prices through brokerages like TD Securities, Cantor Fitzgerald, and B. Riley Securities. 5,744 BTC was recently acquired by KindlyMD after its merger with Nakamoto Holdings, a Bitcoin-focused firm. Experts suggest this strategic move follows the institutional Bitcoin treasury model championed by MicroStrategy founder Michael Saylor. Many companies are now incorporating Bitcoin and Ethereum into their reserves, as well as exploring altcoins such as Solana, BNB, and XRP. KindlyMD’s announcement reflects the growing mainstream interest in crypto assets by Wall Street. 5,744 BTC was recently acquired after KindlyMD’s merger with Nakamoto Holdings, a firm specializing in Bitcoin. Shares of KindlyMD (NAKA) closed down 12% on Tuesday at $8.07, while the price of Bitcoin climbed 1.40% over the past 24 hours to reach $112,370. This move signifies Wall Street’s increasing involvement in cryptocurrency.