Fold Holdings Dumps $45M In Bitcoin To Wipe Out Debt, Stock Briefly Pumps Over 130%
Fold Holdings, Inc. (NASDAQ: FLD), the bitcoin financial services company behind a suite of consumer rewards products, announced a series of capital transactions designed to eliminate secured debt, strengthen its balance sheet, and fund the next phase of its growth strategy. The company monetized approximately $45 million in bitcoin at an average price of around...
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