KindlyMD’s Stock Takes a 55% Dive After CEO Tells Short-Term Investors to Bail

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Well, that escalated quickly! KindlyMD’s stock plummeted 55% to $1.24 on September 15, after CEO David Bailey basically told short-term investors to “hit the road” if they couldn’t get on board with the company’s long-term goals. Ouch.

The “Bye, Felicia” Moment for KindlyMD’s Stock

Healthcare company KindlyMD saw its stock drop by a jaw-dropping 55% on Monday, September 15, following CEO David Bailey’s not-so-subtle suggestion that investors who weren’t into the company’s long-term vision should just “exit stage left.” The stock had been cruising at $2.78 on September 12, but crashed down to $1.24 just a few days later. And you thought your weekend was rough.

Why the drama? Well, it turns out the plummet came after KindlyMD released a letter to shareholders, admitting that things have been a bit bumpy since they announced their plan to merge with Nakamoto Holdings, a company that, surprise surprise, deals with Bitcoin. Because why not add a little crypto chaos to the mix?

If you missed it (and who can blame you?), KindlyMD and Nakamoto Holdings first teased their merger on May 12. Things were looking sunny until… well, they weren’t. After the announcement, KindlyMD’s stock shot up to a high of $13.69, peaking at $25.03 by May 27. But as with all good things in life (and stocks), it took a dive soon after.

By August 15, KindlyMD was hanging out around $15 per share, but it’s been downhill since then. Bailey, being the confident CEO he is, released a letter trying to calm the storm, as if this was all part of the plan. “We’ve faced volatility before, and we’ll face it again,” Bailey said. “But hey, as long as the principles are intact, let’s all just hold hands and ride out this storm.” Solid reassurance, right?

To add more salt to the wound, Bailey made sure to mention that they believe in Bitcoin’s future as a global reserve asset (because, of course), and that their deep expertise and commitment will help KindlyMD “lead the next wave of growth” in the crypto world. You’ve got to admire the confidence!

But here’s the kicker: Bailey also warned shareholders to brace for more volatility, as the shares from KindlyMD’s private investment in public equity (PIPE) funding will soon flood the market. If you’re not into this long-term gig, well, Bailey’s got some parting words for you:

“For those shareholders who have come looking for a trade, I encourage you to exit. This transition may represent a point of uncertainty, and we look forward to emerging with those who share our vision.”

And in case anyone missed it, Bailey wrapped up his letter with a thank-you note for the ride-or-die shareholders who are in it for the long haul. So, if you’re not willing to wait for this rollercoaster to finish, it might be time to hop off.

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2025-09-16 13:03