ChainCatcher reported that Bitcoin Treasuries.NET posted on X that listed company Fold Holdings has sold 633.8 BTC. The sale was used to repay debt totaling $20 million, with BTC serving as the collateral for that debt.
BTC Sale Linked to a $20 Million Debt Repayment
According to the information cited in the post, Fold Holdings currently holds a total of 192.2 BTC after the sale. The key point in the disclosure is that the 633.8 BTC sale was connected to the repayment of a Bitcoin-collateralized debt arrangement, rather than being described only as a general adjustment to the company’s digital asset holdings.
The figures disclosed by Bitcoin Treasuries.NET give three main data points for readers tracking public-company Bitcoin treasuries: Fold Holdings sold 633.8 BTC, the repayment was tied to $20 million in debt backed by BTC collateral, and the company’s remaining holdings stand at 192.2 BTC. No additional transaction details were included in the provided report.