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NASDAQ:NAKA 28 October 2025

From Cannabis Clinics to Bitcoin Billions: KindlyMD (NAKA) Stock’s Wild 2025 Ride

From Cannabis Clinics to Bitcoin Billions: KindlyMD (NAKA) Stock’s Wild 2025 Ride

KindlyMD (NASDAQ: NAKA) shares soared 650% to $29 after merging with Bitcoin holding firm Nakamoto Holdings in August 2025, then crashed 96% to $0.65 amid dilution fears. The company raised $710 million to buy 5,744 BTC and filed for up to $5 billion in new stock sales. Recent loans and partnerships aim to refinance debt. Analysts remain split as NAKA trades near $1, with weak earnings and high volatility.

Stock Market Today

  • CNX Resources Removed from Russell 2000 Dynamic Index, Impacting Investor Base and Narrative
    June 29, 2026, 12:14 AM EDT. CNX Resources Corporation (NYSE: CNX) was excluded from the Russell 2000 Dynamic Index, potentially reshaping its investor mix by reducing holdings from index-tracking funds. This shift may affect liquidity and trading patterns but does not alter CNX's core fundamentals tied to Appalachian natural gas and environmental incentives. The company remains focused on monetizing tax credits and low-carbon initiatives, while navigating regulatory uncertainties. Its aggressive share repurchase program, with nearly 64% of shares bought back, interacts with the index exit to influence market dynamics. Analysts offer mixed forecasts, with some anticipating revenue around $2.3 billion by 2029 and others more cautious. Investors should weigh these factors amid evolving regulations and shifting shareholder composition.

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IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

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