Fold sold 832 BTC in first half

Nasdaq-listed Bitcoin financial services firm Fold sold a total of 832 BTC in the first half to repay debt and fund operations, CryptoSlate reported. Its holdings have now fallen sharply to 194 BTC. Fold posted a $15.6 million operating loss and a $38.8 million net loss in the first half alone, raising concerns that additional share issuance or further Bitcoin sales may become unavoidable.