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Nasdaq-listed company Fold announced that it will increase its holdings of 475 BTC units

Bitcoin financial services company Fold announced on Friday that it had added 475 BTC to its vault, with a market value of approximately US$41 million, bringing its total position to more than 1485 BTC, with a market value of nearly US$130 million at today’s prices. The company adopted a strategy popularized by Michael Saylor’s Strategy (formerly MicroStrategy) to raise funds for the purchase by issuing convertible bonds.(Decrypt)

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