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Fold Holdings sold approximately $45 million worth of bitcoin at an average price of $71,000 per coin, using $20 million of the proceeds to wipe out all of its bitcoin-collateralized debt.The sale implies that Fold liquidated roughly 634 bitcoins, leaving the company with an estimated 826 BTC on its balance sheet.

Publicly traded Bitcoin services firm Fold is rolling out a program to let companies grant employees bonuses in crypto.