Nasdaq-listed Bitcoin financial services company Fold announced that it has sold approximately $45 million worth of Bitcoin assets at an average price of $71,000, while completing a series of capital restructuring operations. Of the proceeds from this sale, around $20 million was used to repay secured debt backed by Bitcoin, and the remaining $25 million was allocated to business growth initiatives. Following the transaction, Fold has fully cleared all secured debt and improved its liquidity and cash flow structure. However, Fold stated that it still retains a 'meaningful amount' of Bitcoin reserves and will continue to dynamically adjust its asset allocation based on returns to support future growth plans. https://(wublock123.com)/news/fold-sells-45m-bitcoin-to-pay-debt-and-fund-growth-62553