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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 fin