The post Fold Sells $45 Million in Bitcoin to Repay Debt and Fund Expansion appeared first on Coinpedia Fintech News
Fold, a Nasdaq-listed Bitcoin financial services firm, sold approximately $45 million worth of Bitcoin at an average price of $71,000 as part of a broader capital restructuring plan. The company used about $20 million of the proceeds to repay Bitcoin-backed secured debt, with the remaining $25 million allocated to business growth initiatives. The move matters …
Borrowings reached £847,000 at period end, while an uncompleted lender switch is management’s preferred alternative to more asset sales The post Down to its last $4,000 in cash,...
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The post Strategy Posts $822B Q2 Unrealized Loss as Bitcoin Price Falls Below Cost Basis appeared first on Coinpedia Fintech News Strategy just released its Q2 2026 earnings...
Read moreIOND closed its first session at $6290, while broker transfers and securities restrictions still shaped practical liquidity The post Why 37 million Celsius bankruptcy shares are blocked from...
Read moreThe filing shows $134267 million gross, $133084 million in transaction costs, and no standalone crypto profit figure The post SoFi reported 388,336 crypto products, but Q2 net transaction...
Read moreBitcoin briefly topped $65,000 on Thursday after US economic growth fell short of forecasts Data from CryptoSlate show the largest cryptocurrency trading near $64,729 as of press time...
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