How to Buy a Share
Buying your first share of KmikeyM takes one page and a card. Go to kmikeym.com/buy, enter an amount, and check out. There is no separate signup step: if you do not have an account, one is created from the email you use at checkout. This page covers what the money buys, what it costs, what happens to your first share (which is a special case), and what you can do once you hold one.
The short version
- Go to kmikeym.com/buy.
- Enter an amount. Checkout is handled by Stripe.
- Your deposit immediately buys as many shares as it can at the best available price, minus processing fees.
- An account is created for you if you did not already have one.
You do not choose a price and you do not place an order that sits and waits. The buy page spends your money at the market, taking the cheapest shares on offer first and working up the ladder if your amount is larger than the cheapest offer.
Your first share is a membership share
The first share you buy is a non-transferable membership share. It is yours and it votes, but unlike an ordinary share it cannot be sold or traded on to somebody else. Every share after the first is a normal tradeable share.
This is worth knowing before you buy rather than after. If you put in enough for exactly one share, you own a share of a person and a vote, and you do not own something you can later sell.
What it costs
Two things come out of the amount you put in: a processing fee that depends on your membership tier, and Stripe’s own payment fee.
As of August 2026:
| Tier | Cost per year | Processing fee |
|---|---|---|
| Shareholder (free) | $0 | 6% plus the Stripe fee |
| Trader | $25 | 3% plus the Stripe fee |
| Pro Trader | $60 | Stripe fee only |
| Board Member | Not publicly listed | Stripe fee only |
Fees are charged on money coming in, not on trades between shareholders. See Memberships for what each tier unlocks and when upgrading is worth it.
Buying a little every month
The buy page also offers a DCA subscription: a recurring monthly purchase of $20 or more, filled automatically against the best available offers, with processing fees taken out of the purchase amount. It is the same mechanism as a one-off buy, on a schedule.
What owning shares gets you
- A vote. Voting weight is proportional to holdings: one share, one vote, and approved proposals bind Mike Merrill. See Governance and Legal Structure.
- The shareholder community, including the shareholder-only Discord and the full register at the leaderboard.
- A position you can add to. More shares means more voting weight.
What buying does not get you
Owning shares is free. Trading them is a membership. A share bought here can be held and voted forever at no cost, but posting your own buy and sell offers, holding a cash balance, and moving in the market are paid features. This is the single most common surprise for new shareholders, usually arriving as “I bought in, so why can’t I find anywhere to sell?” Memberships exists to answer exactly that, and the mechanics of the market itself are in How the Market Works.
It also does not get you a security. KmikeyM is deliberately not a company and these are deliberately not shares in one. Governance and Legal Structure explains why that is the point rather than a loophole.
Asking a question
Investor relations questions go to ir@kmikeym.com. That is also where withdrawals start: they are handled manually, so you email and confirm how you want to be paid, with Venmo and Cash App the fastest options. Shareholders also have a Discord, and the day to day market chatter happens there.