Fold discloses $45 million bitcoin sale, pays off collateralized debt in full; shares surge 160%

Fold Holdings Dumps $45M In Bitcoin To Wipe Out Debt, Stock Briefly Pumps Over 130%

Fold Holdings sold $45M Bitcoin to retire debt, maintaining 1,492 BTC treasury while eliminating collateralized obligations. Debt-free structure removes interest costs, accelerating Bitcoin Rewards Card scaling ($31.8M revenue, +34% YoY) versus traditional fintech.