KindlyMD, Inc

First Step in Broader Effort to Develop Innovative Financing Tools for the Bitcoin Market

Collaboration Launches Initial Treasury Financing Structure

Provides Flexibility to Pursue Long-Term Growth Strategy While Preserving Bitcoin Holdings and Strengthening the Company's Balance Sheet

Investment Supports Metaplanet's International Offering to Accelerate Bitcoin Accumulation and Expand BTC Net Asset Value

Treasury Intends to Reverse List on Euronext Amsterdam through Transaction with MKB Nedsense N.V.

Mr. Pickett will Continue to Lead KindlyMD's Leading Patient-First Healthcare Services Business Following Merger with Nakamoto Holdings

First Bitcoin Acquisition Following Completion of Merger with Nakamoto Raises Total Bitcoin Holdings to 5,764.91 BTC

Company Intends to Use Net Proceeds to Fund Purchase of Bitcoin and for General Corporate Purposes

Follows the Completion of KindlyMD's Merger with Nakamoto to Form Institutional-Grade Bitcoin Treasury Vehicle

David Bailey to Lead Combined Company as CEO, Alongside Best-in-Class Management Team

Announces Six New Members to Board of Directors

Raised $540 Million in Gross Proceeds Through the PIPE Financing to Fund Bitcoin Purchases

Founder of Second Gate Advisory and Former Head of Mining for Galaxy Digital Joins in Newly Created Role

Proposed merger with Nakamoto Holdings expected to close on approximately August 11, 2025

During the quarter, Kindly MD made initial purchase of 21 BTC valued at $2.25 million as of June 30, 2025, with proceeds from warrants exercises

Cash and cash equivalents was $6.02 million as of June 30, 2025

Anchorage Digital to become the exclusive custodian and trading partner

The hospital location positions KindlyMD to expand its core service offerings into Weber County

Q3 Reimbursements from insurance payors totaled $106,567 an increase of 16.4% sequentially

KindlyMD now provides more than 90% in-network insurance coverage in Utah

KindlyMD now provides more than 90% statewide comprehensive insurance coverage

Contract provides KindlyMD with expanded coverage and gives the Company access to receive referrals from additional major hospitals and medical systems

Ms. Pratt, a seasoned mental health counselor with extensive academic and practical experience, will enhance the Company's Complete Care and Therapy services

Company provides nearly 80% statewide comprehensive insurance coverage in Utah under contract with providers such as Medicare, Select Health, Medicaid, and Blue Cross Blue Shield

Reimbursement from insurance payors increased 163.7% sequentially and is expected to increase as a percentage of total revenue going forward

Reimbursements from insurance payors totaled $126,325 in first half of 2024 as compared to $0 during the first half of 2023

Received reimbursement from insurance payors for the first time in Company history during first quarter, which is expected to increase as a percentage of total revenue going forward

Following its IPO in early June, the Company has sufficient capital to fund operations and execute on its growth strategy for at least the next 12 months

The Company's first grant application is the USDA Rural Utilities Service (RUS) Distance Learning and Telemedicine (DLT) Grant Program submitted on April 27, 2024

KindlyMD is now providing nearly 80% statewide comprehensive insurance coverage

Community care events to be held throughout summer at Curaleaf's Lehi, Provo, and Payson, Utah Medical Cannabis Pharmacies

Insurance payors include Medicare, Utah's largest insurer, Select Health, and Medicaid, providing KindlyMD nearly 70% statewide comprehensive insurance coverage