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via BeInCrypto · By BeInCrypto Editorial

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

BTC

BTC/USDT

$79,662.47

-1.86%

$79,662.47

-1.86%

(24s)

24h Volume

$16,604,392,966.31

24h H/L

$81,350.00 / $78,660.00

Change: $2,690.00 (3.42%)

Long/Short

52.7%

Long: 52.7%Short: 47.3%

Funding Rate

-0.0012%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,622.55

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,300.00

Resistance 1$79,916.17

Price$79,622.55

Support 1$78,324.21

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.3

BeInCrypto Editorial

(02:11 PM UTC)

1 min read

Updated byOlivia Bennett

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…

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BeInCrypto Editorial · BeInCrypto

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