Fold Sells 832 BTC to Reduce Debt and Finance Operations

Fold, a Bitcoin-focused finance company traded on Nasdaq, has sold a significant portion of its Bitcoin reserves to reduce debt and finance operations. In the first half of 2026, Fold sold 832 BTC, resulting in a notable decrease in its crypto asset position.

The company's current Bitcoin reserve fell to 194 BTC after the sales. This move has raised questions about Fold's operational and financial performance, with analysts warning that persistent losses may require additional funding through new share issuances or selling more of its Bitcoin reserves.

Fold reported an operating loss of $15.6 million in the first half of the year and a total net loss of $38.8 million during the same period. This has put pressure on the company, which is known for its Bitcoin-focused business model.