KindlyMD shares fell sharply after missing its Q3 filing deadline, citing complex post-merger accounting tied to its acquisition of Nakamoto Holdings.
KindlyMD (NASDAQ: NAKA) saw its stock drop nearly 10% to $0.55 after failing to meet its Q3 2025 filing deadline. The company informed the SEC that the delay is due to complex accounting stemming from its August 2025 merger with Nakamoto Holdings. Shares have declined 25% in the past week and over 95% in six months. KindlyMD remains a major Bitcoin treasury holder with 5,765 BTC and had previously disclosed significant merger-related losses alongside digital asset valuation declines.