#Secured Debt

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#Secured Debt

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Fold Sells $45M in Bitcoin to Kill Debt and Boost Liquidity on Nasdaq

Fold Sells $45M in Bitcoin to Kill Debt and Boost Liquidity on Nasdaq

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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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