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Fold Holdings (FLD +70.72% 4 ) just unveiled an announcement.
On June 10, 2026, Fold Holdings, Inc. announced that it had sold $45 million worth of bitcoin at an average price of about $71,000 per coin, while simultaneously extinguishing $20 million of bitcoin-collateralized debt. The move signals a meaningful de-risking of its balance sheet and a shift in capital structure, potentially improving liquidity and reducing exposure to bitcoin price volatility for the company and its stakeholders.
The most recent analyst rating on FLD +70.72% 4 stock is a Buy with a $3.50 price target.

I got some shares at the 52 week low. It sucks that they sold but they used it to pay off debt and put the company in a much better fiat position and the market loves that.

I wish they could have held but this bear market is punishing. Doing simple math they sold about 633 BTC. So now they are in the low 200s for their bitcoin stack I would guess.

201 sats \ 1 reply \ @grayruby 10 Jun

Hopefully from this cycle public companies learn the sustainable bitcoin strategy is to be profitable and buy bitcoin with those profits.

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Indeed!

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