Dossier
Bitcoin Rewards Credit Card
Coverage of Bitcoin Rewards Credit Card in the Nexus archive.
- Fold Holdings Dumps $45M in Bitcoin to Wipe Out Debt, Stock Briefly Pumps Over 130%
Fold Holdings sold $45 million in Bitcoin to eliminate secured debt and fund growth initiatives, becoming debt-free on the secured side while retaining a Bitcoin treasury. The company's stock initially surged over 130% but later declined, and it repaid $66.3 million in convertible notes, freeing up 521 BTC in collateral.