Fold Holdings, the publicly traded Bitcoin rewards company, moved $45 million worth of Bitcoin off its balance sheet as part of a broader effort to clean up its capital structure and position itself for its next growth phase.
The transaction is tied to Fold’s debt management strategy rather than a fire sale. The company repaid approximately $66.3 million in convertible debt, which released 521 BTC that had been locked up as collateral.
The numbers behind Fold’s treasury chess game
As of June 2026, Fold maintains a Bitcoin treasury of around 1,492 BTC, valued at roughly $95 million. That’s after the debt repayment and collateral release, meaning the company still holds a substantial position relative to its size.
Fold secured a $45 million revolving credit facility with its Bitcoin holdings serving as collateral. It also has a $250 million equity purchase facility specifically aimed at acquiring more Bitcoin.
