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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%
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
Bitcoin
Bitcoin
Daily

$83,938.02

▼ -0.56%

Volume (24h): -

Resistance Levels
Resistance 3$94,549.91
Resistance 2$86,798.28
Resistance 1$84,048.83
Price$83,938.02
Support 1$83,209.30
Support 2$80,398.57
Support 3$77,001.87
Pivot (PP):$84,075.87
Trend:Uptrend
RSI (14):63.7
DE
Decrypt Editorial
(02:21 PM UTC)
1 min read
SC
Reviewed bySarah Chen

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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Source

Decrypt Editorial · Decrypt

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