Fold discloses $45 million bitcoin sale, pays off collateralized debt in full; shares surge 160%
Fold Holdings shares surged over 70% as the bitcoin fintech firm paid off its collaterized debt in full through a $45 million bitcoin sale.
A recent research note published by Citi analysts reached a conclusion about quantum risk that should give every institutional bitcoin holder pause, Tabar explains.
Fold's debt clearance and growth funding enhance financial stability, but selling Bitcoin may limit future gains if prices rise significantly.
June 10, 2026, 3:50 pmCrypto analyst Crypto Lens has predicted that the Bitcoin price could rally to a new all-time high (ATH) of $150,000. This came as he outlined four scenarios that will build toward this rally to a new ATH by next year.
June 10, 2026, 3:00 pmFold Holdings shares surged over 70% as the bitcoin fintech firm paid off its collaterized debt in full through a $45 million bitcoin sale.
The reading likely supports restrictive monetary policy.
Publicly traded Fold sold Bitcoin holdings to restructure its balance sheet, fueling a stock surge on Wednesday morning.
One of the few analysts who accurately called Bitcoin’s 2025 top says BTC will likely form a bottom in the near term. The pseudonymous analyst KillaXBT tells his 206,800 followers on X that Bitcoin is likely to trade sideways in the coming months before setting the stage for a massive breakout based on historic precedence.
Lawmakers have advanced legislation that would ban all cryptocurrency kiosks statewide, with physical removal mandated within 90 days.
Bitcoin institutional outflows hit a record as spot ETFs bleed and new whales realize $2.5 billion in losses.
The fading peace prospects highlight the evolving dynamics of safe-haven assets, questioning gold's dominance and Bitcoin's emerging role.
Bitcoin’s institutional support weakened as ETFs and companies dumped almost 2,000 BTC daily and Strategy’s buying lost momentum.
Bitcoin trades near $61,000 as geopolitics, inflation fears, and ETF outflows weigh on markets amid debate over a possible bottom.