Publicly traded Bitcoin financial services firm Fold (FLD) has acquired equity purchase facilities worth up to $250 million to increase its Bitcoin
property.
Arizona companies explain On Tuesday, it signed an agreement granting rights to the agreement but has no obligation to issue and sell up to $250 million in new shares, i.e., pending regulatory conditions.
If activated, the folding program uses most of the proceeds to expand its company Bitcoin Treasury, the treasury Already held 1,490 BTC. The facility was arranged through Cohen & Company Capital Markets, a division of JVB Financial Group, LLC.
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