KindlyMD Secures $250 Million Bitcoin Facility Through Antalpha Deal

KindyMD, a company navigating market volatility, has partnered with Antalpha to establish a substantial $250 million bitcoin-backed convertible debt facility. This move is designed to bolster the company’s financial stability amidst recent share price declines. The partnership will leverage Antalpha’s expertise in digital asset financing and aims to enhance KindlyMD’s treasury capabilities for businesses focused on bitcoin. Specifically, this alliance seeks to reshape bitcoin ownership dynamics for more sustainable growth.