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via BeInCrypto · By BeInCrypto Editorial

Nasdaq Listed Fold Sells Bitcoin to Clear Debt and Stock Rallies 140%

BTC

BTC/USDT

$64,530.00

+0.92%

$64,530.00

+0.92%

(24s)

24h Volume

$4,301,193,845.56

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

BeInCrypto Editorial

(02:11 PM UTC)

1 min read

Updated byOlivia Bennett

1044 views

0 comments

Fold Holdings (FLD) sold roughly $45 million of Bitcoin (BTC) at an average price of $71,000 on Wednesday. The proceeds repaid $20 million of Bitcoin-collateralized debt and freed $25 million for growth.

The Nasdaq-listed Bitcoin financial services company said the move erases all of its secured debt. Its revolving credit facility remains untouched.

Fold Sells Bitcoin at 14% Above Spot Price

Fold…

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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BeInCrypto Editorial · BeInCrypto

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