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KindlyMD Turns to Kraken as Fourth Provider for Bitcoin-Backed $210M Loan at 8%
Yahoo Finance· 2025-12-10 11:54
KindlyMD (NAKA), a health-care company that holds bitcoin (BTC) as a treasury asset, said it agreed to borrow $210 million from crypto exchange Kraken to repay an existing loan from Antalpha Digital that itself was used to repay a credit line from Two Prime Lending. The one-year loan signed by KindlyMD's subsidiary Nakamoto Holdings matures on Dec. 4, 2026 and bears an annual interest rate of 8%, KindlyMD said in an SEC filing Tuesday. The agreement allows it to borrow fiat or digital assets “from time to ...