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Bitcoin company Fold pays off $66M debt, frees up BTC collateral
📰 sources⭐ 9.0
TL;DR:
The Bitcoin financial services company retired $66. 3 million in convertible debt, reducing dilution risk as it expands its BTC rewards business.
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.