cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

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

-

by

cryptd.in
in

Bitcoin Magazine

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

Fold Holdings, Inc. (NASDAQ: FLD), the bitcoin financial services company behind a suite of consumer rewards products, 발표 a series of capital transactions designed to eliminate secured debt, strengthen its balance sheet, and fund the next phase of its growth strategy.

The company monetized approximately $45 million in bitcoin at an average price of around $71,000 per coin, used $20 million of those proceeds to retire bitcoin-collateralized debt, and directed the remaining $25 million toward growth initiatives across its consumer and enterprise platforms. 

The moves leave Fold debt-free on the secured side while preserving a bitcoin treasury of approximately 1,492 BTC — worth roughly $95 million at current prices.

Fold’s stock ripped to $1.50 in early trading, up over 130% on the day. Since then, the stock has fallen to under $1, up only 30% on the day. 

The headline transaction is tied to a broader debt restructuring. Fold repaid approximately $66.3 million in convertible notes, a position it originally built in March 2025 when the company added 475 BTC to its treasury through those same instruments. Retiring the debt released 521 BTC that had been locked up as collateral, giving management more flexibility over the company’s bitcoin holdings going forward.

“We have reduced financing risk, strengthened our balance sheet, and ensured that short-term market volatility cannot stand in the way of executing our roadmap,” said Will Reeves, Chairman and Chief Executive Officer. “As we approach several product launches, we believe Fold is entering one of the most important growth periods in the company’s history.”

Fold’s credit card and new products

Fold’s flagship product, its Bitcoin Rewards Credit Card, sits at the center of management’s growth thesis. 

The debt elimination removes monthly cash interest payments from the expense base and, in Reeves’ framing, gives the company the financing flexibility to support a larger cardholder base and pursue funding relationships that participate in the card program’s economics as it scales.

The company also has a $45 million revolving credit facility backed by bitcoin collateral and a $250 million equity purchase facility aimed at future bitcoin accumulation — instruments that reflect the corporate treasury playbook Fold has committed to since going public on February 19, 2025, through a SPAC merger with FTAC Emerald Acquisition Corp.

The restructuring arrives against a backdrop of genuine business momentum. Fold’s fiscal year 2025 revenue reached $31.8 million, a 34% increase year-over-year, driven by transaction volume of nearly $960 million for the period. 

Since launching in 2019, the company has processed more than $2 billion in total transactions and distributed over $45 million in bitcoin rewards to users, the company said. 

The combination of a debt-free balance sheet, a functioning revenue engine, and a treasury that retains exposure to bitcoin appreciation gives Fold a capital structure that management argues is designed for the current environment — one where bitcoin-native financial products are gaining traction with both consumers and institutional financing partners.

“Over the past year, we’ve built one of the strongest product roadmaps in our history,” Reeves said. “Increased liquidity and lower debt ensure we have the resources and flexibility to execute our plans during this pivotal moment for Fold.”

This post Fold Holdings Dumps $45M in Bitcoin to Wipe Out Debt, Stock Briefly Pumps Over 130% first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

ko_KR 한국어
ko_KR 한국어 en_US English ro_RO Română et Eesti ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (458) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (74) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (5) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (4) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (6) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.