Fold (FLD), a Bitcoin financial service company listed in balance sheet, has obtained an equity purchase installation of a value of up to $ 250 million to increase its bitcoin
Holdings.
The company based in Arizona said on Tuesday that it had signed an agreement granting it law, but not the obligation, to issue and sell up to $ 250 million in new shares, awaiting regulatory conditions.
If activated, Pliage plans to direct most products to extend its Bitcoin business treasure, which already contains 1,490 BTC. The installation was organized by Cohen & Company Capital Markets, a division of JVB Financial Group, LLC.
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