Bitcoin-investing firm KindlyMD faces Nasdaq delisting risk

KindlyMD (NAKA), a Nasdaq-listed company known for its Bitcoin investments, is at risk of being delisted for failing to meet listing requirements, CoinDesk reported. According to a filing with the U.S. Securities and Exchange Commission (SEC), the company's stock has closed below $1 for 30 consecutive trading days. KindlyMD has until June 8, 2026, to regain compliance by having its stock close at or above $1 for 10 consecutive trading days. Failure to do so will initiate delisting procedures. On Dec. 15, KindlyMD's stock closed at $0.38, representing just 81.7% of its modified net asset value (mNAV).