Fold Shares Jump 162% After Bitcoin Fintech Sells $45 Million in BTC, Wipes Out Debt - Decrypt

Fold sells $45M in Bitcoin to repay debt and fund growth

Fold repaid $66.3M convertible debt while maintaining 1,492 BTC treasury and $250M equity facility for continued Bitcoin accumulation. 34% YoY revenue growth ($31.8M) and debt-funded Treasury strategy demonstrate product-market fit for Bitcoin rewards model.