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Kindly MD warned by Nasdaq on sub-$1 share price as Bitcoin treasury stock sinks 98%
Kindly MD has received a Nasdaq notification after its stock traded below the $1 minimum bid price for 30 straight business days, triggering a 180-day compliance period. The company, which merged with Bitcoin-focused Nakamoto Holdings in August and holds thousands of BTC, must raise its share price above $1 for at least 10 consecutive trading days or face potential delisting. Its shares, trading under the ticker NAKA, have dropped more than 98% from late May highs to $0.39.