Fold Holdings Sells $45M in Bitcoin, Repays Debt, Stock Surges 130% Before Settling at 30% Gain
5h ago· 1 min readenNews
38/100
Stale
Bagelometer↗
Day-old at best. Try it dunked in something stronger.
Score38TypenewsSentimentpositive
Summary
Fold Holdings sold approximately $45 million in Bitcoin at ~$71k per coin, using $20 million to retire bitcoin-collateralized debt and $25 million for growth initiatives. The company also repaid $66.3 million in convertible notes from March 2025, adding 475 BTC to its treasury and releasing 521 BTC previously locked as collateral. Fold now holds about 1,492 BTC (~$95 million) and is debt-free on the secured side. The stock briefly surged over 130% to $1.50 before settling to under $1, up about 30% on the day.
Key quotes
· 4 pulledFold monetized approximately $45 million in bitcoin at an average price of around $71,000 per coin.
The transactions leave Fold debt-free on the secured side while maintaining a bitcoin treasury of about 1,492 BTC valued near $95 million at current prices.
Retiring the convertible-note debt released 521 BTC previously locked as collateral, increasing flexibility over bitcoin holdings.
The stock surged to $1.50 early, up over 130%, before falling to under $1, up about 30% on the day.
Fold monetized approximately $45 million in bitcoin at an average price of around $71,000 per coin. It used $20 million to retire bitcoin-collateralized debt and allocated the remaining $25 million to growth initiatives across consumer and enterprise plat
