Fold Holdings is selling Bitcoin to repay debt and fund growth, a move that underlines a blunt truth for Bitcoin-native businesses: orange coin on the balance sheet is great, until liquidity and leverage start tapping you on the shoulder. Bitcoin sold: Fold Holdings liquidated BTC from its treasury. Why: To repay debt and support growth […]
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Fold Holdings has sold about $45 million in Bitcoin to erase secured debt, strengthen liquidity, and give its Nasdaq-listed fintech business more room to grow without getting mugged by short-term market volatility. $45 million in Bitcoin sold at about $71,000 per BTC $20 million used to repay secured debt $25 million kept as unrestricted cash […]
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Fold Holdings has started rolling out its Bitcoin Credit Card to selected users on its waitlist, pushing a familiar payments product into bitcoin territory with a simple pitch: spend as usual, earn BTC instead of bland airline points or store-credit nonsense. 1.5% back in bitcoin on purchases Up to 4% back through partner offers and […]
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Bitwise Expands Bitcoin Corporations ETF with Fold and Bitdeer Bitwise Investments has broadened its Bitcoin Standard Corporations ETF, now including Fold Holdings and Bitdeer Technologies. This move not only brings the total number of companies in the fund to 22 but also underscores the growing corporate embrace of Bitcoin as a strategic asset. Bitwise adds […]
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