News Explorer — Fold Holdings Sells Bitcoin to Eliminate Debt, Doubling Share Price

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Jun 10, 2:21 pm

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Fold Holdings Sells Bitcoin to Eliminate Debt, Doubling Share Price

Fold Holdings, a Bitcoin-centric fintech company, sold $45 million in Bitcoin to eliminate secured debt, freeing up $25 million for growth initiatives. The move doubled the firm's share price, signaling investor confidence in the restructuring and future product launches.

Fold Holdings, a Bitcoin-centric fintech company, sold $45 million in Bitcoin to eliminate secured debt, freeing up $25 million for growth initiatives. The move doubled the firm's share price, signaling investor confidence in the restructuring and future product launches.

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