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Fold Holdings Dumps $45M in Bitcoin to Wipe Out Debt, Stock Briefly Pumps Over 130%

Bitcoin Magazine·
Fold Holdings Dumps $45M in Bitcoin to Wipe Out Debt, Stock Briefly Pumps Over 130%
AI Analysis

Fold Holdings sold $45 million in Bitcoin to eliminate its secured debt, resulting in a brief stock surge of over 130%. The company now focuses on expanding its Bitcoin rewards and financial services while maintaining a treasury of 1,492 BTC.

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Originally reported by Bitcoin Magazine. Read the full article ↗

Fold Holdings Dumps $45M in Bitcoin to Wipe Out Debt, Stock Briefly Pumps Over 130% | AI Crypto Daily Wire