%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment Bitcoin (CRYPTO: $BTC ) treasury company Kindly MD (NASDAQ: $NAKA ) has received a delisting notice from the Nasdaq (NASDAQ: $NDAQ ) exchange on which it trades. Kindly MD has to get its share price above the minimum threshold of $1 U.S. or face delisting from the Nasdaq. The company's shares should trade above the $1 U.S. price mark for at least 10 consecutive trading days during the next six months to avoid being delisted from the Nasdaq exchange. In a written statement, Kindly MD said that the delisting notice has no immediate impact on its stock, which continues to trade under the ticker symbol "NAKA." Kindly MD's stock currently trades at $0.38 U.S. per share, placing it deep down on the penny stock league tables. The share price has declined 73% this year. A healthcare company, Kindly MD merged with crypto entrepreneur David Bailey's Bitcoin company Nakamoto Holdings in May of this year to become a Bitcoin treasury company. Kindly MD now holds 5,398 BTC valued at about $475 million U.S. on its balance sheet. Bitcoin's price has fallen more than 30% since mid-October and is now trading right around $86,000 U.S. per share. Kindly MD's stock and finances have deteriorated along with the price of the largest cryptocurrency by market capitalization.