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via Bitcoin Magazine · By Bitcoin Magazine Editorial

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

BTC

BTC/USDT

$64,522.97

+0.91%

$64,522.97

+0.91%

(24s)

24h Volume

$4,304,033,786.61

24h H/L

$64,599.95 / $63,925.30

Change: $674.65 (1.06%)

Long/Short

65.3%

Long: 65.3%Short: 34.7%

Funding Rate

+0.0035%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,393.99

▲ 0.03%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$65,295.47

Price$64,393.99

Support 1$64,050.00

Support 2$62,909.86

Support 3$61,824.97

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):50.7

Bitcoin Magazine Editorial

(02:57 PM UTC)

1 min read

Reviewed byDavid Kim

916 views

0 comments

Fold Holdings, Inc. (NASDAQ: FLD), the bitcoin financial services company behind a suite of consumer rewards products, announced a series of capital transactions designed to eliminate secured debt, strengthen its balance sheet, and fund the next phase of its growth strategy.

The company monetized approximately $45 million in bitcoin at an average price of around $71,000 per coin, used $20…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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