Bitcoin financial services company Fold sold approximately $45 million worth of Bitcoin to repay debts and fuel business growth. Fold Holdings completed a series of capital transactions, realizing about $45 million worth of Bitcoin at an average price of approximately $71,000 per coin, repaying $20 million in secured debt, with the remaining $25 million in unrestricted cash for business growth. After the transaction, all secured debt was eliminated, liquidity and monthly net cash flow improved, and a certain Bitcoin reserve was retained. CEO Will Reeves said this move is intended to reduce financing risk and ensure that market volatility does not affect the execution of the product roadmap. Deep Tide TechFlow, June 10—according to GlobeNewswire, Bitcoin financial services company Fold Holdings (NASDAQ: FLD

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