AiCoin|6月 10, 2026 12:50
[Fold Holdings Sells Bitcoin to Repay Debt and Support Business Growth]
According to GlobeNewswire, Bitcoin financial services company Fold Holdings (NASDAQ: FLD) liquidated approximately $45 million worth of Bitcoin at an average price of around $71,000 per coin. The company used $20 million to repay Bitcoin-collateralized debt and allocated the remaining $25 million in unrestricted cash to support business growth. CEO Will Reeves stated that this move aims to reduce financing risks and ensure that short-term market fluctuations do not impact the execution of the product roadmap.
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