CryptoBullishCoinTelegraph · Mar 25/105
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Bitcoin company Fold pays off $66M debt, frees up BTC collateral
Bitcoin financial services company Fold successfully paid off $66.3 million in convertible debt, which reduces dilution risk for shareholders and frees up Bitcoin collateral that was previously locked up. This debt retirement strengthens the company's balance sheet as it continues to expand its Bitcoin rewards business operations.
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