Crypto Banking for Startups: The KindlyMD Bitcoin Strategy
In a world where crypto is taking over, KindlyMD has decided to throw down the gauntlet. They’re not just dipping their toes in the crypto waters—they’re diving headfirst into Bitcoin. Their aim? To hoard one million BTC, which is a staggering target. Yeah, that’s right. They’re serious about this.
Now, why would a startup want to do this? Well, it’s all about corporate treasury management. As a startup banking crypto venture, KindlyMD is positioning itself as a leader in the corporate Bitcoin race. But let’s take a moment to consider the implications of such concentration.
KindlyMD’s Bold Move
On August 19, KindlyMD, Inc. made big waves by announcing its first Bitcoin purchase: a whopping 5,743.91 BTC, valued at around $679 million….