KindlyMD Shares Drop Because of PIPE Dilution and Wahala with Market

KindlyMD share dem drop 55% reach $1.24 afta CEO David Bailey warn say short-term traders make they comot due to increase market wahala. Di healthcare company wey come be Bitcoin holder talk say dem sell $200 million PIPE share for cheaper price, wey fit make market swing more. Shares drop pass di net asset value of their 5,765 BTC wey value $665 million, while market cap fall to $466 million. Since May, shares don collapse almost 98% afta di $563 million PIPE deal wey make people fear say their shares go dilute and make sell-off plenty. Even though dem join hand with Nakamoto Holdings to hold about $653 million Bitcoin, the real assets no fit stop di fall. Traders suppose know say big capital raise fit cause short-term wahala pass firm NAV. Wetin to watch be how KindlyMD take use di PIPE money for biotech work, any change for their Bitcoin plan, and how dem wan make investors trust dem again.