KindlyMD Board of Directors approves stock repurchase plan to enhance capital allocation flexibility

Odaily Planet Daily reports that, according to an official announcement, healthcare and Bitcoin treasury company KindlyMD (NASDAQ: NAKA) announced that its board of directors has approved a share repurchase plan, allowing the company to repurchase its outstanding common stock periodically in the future. KindlyMD stated that the plan aims to enhance 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 may be conducted through open market transactions, private negotiated transactions, 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, capital needs, and other factors. The plan does not constitute a mandatory repurchase commitment, and the board of directors 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 delisting from NASDAQ after its stock price remained below $1 for 30 consecutive trading days.