Fold sells $45 million in Bitcoin at $71,000! What’s behind this bold move?
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🚨 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.
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