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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

$72,477.99

+5.91%

$72,477.99

+5.91%

(24s)

24h Volume

$36,678,302,740.69

24h H/L

$72,966.00 / $68,103.71

Change: $4,862.29 (7.14%)

Long/Short

51.4%

Long: 51.4%Short: 48.6%

Funding Rate

+0.0013%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$72,386.00

▲ 4.40%

Volume (24h): -

Resistance Levels

Resistance 3$76,859.07

Resistance 2$73,670.99

Resistance 1$72,666.77

Price$72,386.00

Support 1$70,603.82

Support 2$69,924.16

Support 3$67,062.90

Pivot (PP):$67,833.60

Trend:Uptrend

RSI (14):79.4

Decrypt Editorial

(02:21 PM UTC)

1 min read

Reviewed bySarah Chen

0 comments

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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Decrypt Editorial · Decrypt

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