Bitcoin Operations Boosted by Share Repurchase

KindlyMD Approves Share Repurchase Program for Bitcoin Operations

• KindlyMD’s board has authorized a share repurchase program to support its Bitcoin operations.
• The initiative aims to buy back outstanding common stock through various methods, including open-market purchases and private transactions.
• The company may utilize Rule 10b5-1 trading plans, with all buybacks adhering to Rule 10b-18 of the Securities Exchange Act.
• CEO David Bailey emphasized confidence in the company’s long-term value and commitment to disciplined capital deployment.
• The timing and amount of buybacks will be influenced by market conditions, capital needs, trading volume, and regulatory factors.

KindlyMD has initiated a share repurchase program to bolster its Bitcoin-focused strategy, reflecting confidence in the company’s long-term value. The program allows flexibility in execution based on market dynamics and regulatory considerations.