KindlyMD board approves share repurchase program for Bitcoin operations

KindlyMD, a healthcare services provider and parent company of Bitcoin-focused Nakamoto Holdings, has authorized a share repurchase program to buy back its outstanding common stock. The repurchases can occur through various methods, including open-market purchases and private transactions, subject to securities regulations. CEO David Bailey stated that the program reflects confidence in the company's long-term value and commitment to disciplined capital deployment for shareholder value creation. The timing and amount of buybacks will be determined by management based on market conditions, and the program does not mandate the purchase of any specific number of shares.

(Source：Crypto Briefing)