Fold sells $45 million in Bitcoin at $71,000! What’s behind this bold move?
By Fatih Çetin | 2026-06-10 23:44:27 | 3 months ago
🚨 Fold offloads $45 million in Bitcoin at an average of $71,000 per coin.
💡 A chunk of the proceeds wipes out all Bitcoin-backed debt in $BTC.
📈 The company shifts focus toward scaling its Bitcoin rewards credit card and launching new products.
🪙 Fold claims its strengthened balance sheet paves the way for future growth.
Continue Reading: Fold sells $45 million in Bitcoin at $71,000! What’s behind this bold move? The post Fold sells $45 million in Bitcoin at $71,000! What’s behind this bold move? appeared first on COINTURK NEWS .
💡 A chunk of the proceeds wipes out all Bitcoin-backed debt in $BTC.
📈 The company shifts focus toward scaling its Bitcoin rewards credit card and launching new products.
🪙 Fold claims its strengthened balance sheet paves the way for future growth.
Continue Reading: Fold sells $45 million in Bitcoin at $71,000! What’s behind this bold move? The post Fold sells $45 million in Bitcoin at $71,000! What’s behind this bold move? appeared first on COINTURK NEWS .
keywords : Bitcoin (BTC)
sentiment : POSITIVE
category data : BLOCKCHAIN | BTC | CRYPTOCURRENCY