Fold Holdings sold roughly $45 million worth of bitcoin to eliminate secured debt and fund growth initiatives, leaving the company with a debt-free secured balance sheet, a treasury of 1,492 BTC, and renewed focus on expanding its Bitcoin rewards and financial services products.
Strive ($ASST) plans to raise up to $150 million through a follow-on offering of its SATA preferred stock to retire convertible debt, buy more Bitcoin, and support corporate needs.
As the Genius Act solidifies a Treasury-backed stablecoin world, Bitcoin's decentralized network positions it as the superior blockchain for global adoption, countering declining demand for U.S. bonds in a multipolar world.
Ray Dalio says he prefers bitcoin and gold over bonds amid rising global debt levels, signaling growing institutional endorsement of bitcoin as a safe haven asset.
As technological progress compounds, the free market inexorably moves towards diluting storeholds of value. Bitcoin is the deep freeze your portfolio desperately needs.