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via Decrypt · By Decrypt Editorial
Fold Shares Jump 162% After Bitcoin Fintech Sells $45 Million in BTC, Wipes Out Debt
BTC
BTC/USDT
$84,004.00
-0.54%
$84,004.00
-0.54%
(24s)24h Volume
$21,532,118,054.01
24h H/L
$84,942.45 / $82,874.93
Change: $2,067.52 (2.49%)
Long/Short
57.2%
Long: 57.2%Short: 42.8%
Funding Rate
+0.0021%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(02:21 PM UTC)
1 min read
In brief
- Fold Holdings sold ~$45M in Bitcoin, used $20M to wipe out all secured debt and redirected the remaining $25M toward growth.
- The debt-free balance sheet is intended to accelerate expansion of its Bitcoin rewards credit card and support new product launches.
- The moves also eliminate monthly interest payments, improving cash flow for a company that posted a 21% revenue decline in Q1 2026. …
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