Fold Targets Bitcoin Growth, Launches $250 Million Equity Facility For Treasury Expansion
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Fold Targets Bitcoin Growth, Launches $250 Million Equity Facility For Treasury Expansion
Fold secured a $250M equity facility to fund additional Bitcoin purchases for its treasury. Fold currently holds 1,490 BTC valued at around $157M making it a top public Bitcoin holder. The equity facility gives Fold full control over drawdowns, pending SEC registration approval. Fold Holdings, Inc. (NASDAQ: FLD), a prominent bitcoin financial services company, announced on Tuesday the creation of a $250 million equity purchase facility to bolste…
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