Core Viewpoint - Fold Holdings, Inc. has significantly increased its bitcoin treasury by acquiring an additional 475 bitcoin, bringing its total holdings to over 1,485 BTC, which positions the company among the top ten U.S. public companies with the largest bitcoin treasuries [1][2]. Company Strategy - The acquisition of bitcoin was made through the issuance of a convertible note with a conversion price of $12.50 per share, representing a premium of over 100% compared to the closing price on March 5, 2025 [1]. - The company aims to leverage its bitcoin treasury to enhance shareholder value and support the development of bitcoin-native financial products, thereby bridging traditional finance and the bitcoin economy [2][3]. Market Position - Fold is recognized as the first publicly traded bitcoin financial services company, focusing on integrating bitcoin into everyday financial experiences through innovative products like the Fold App and Fold Card [3]. - The growing global acceptance of bitcoin as a strategic reserve asset is seen as an opportunity for Fold to establish itself as a leading provider of bitcoin-powered financial services [2].
Fold Adds 475 Bitcoin to Treasury, Securing Top 10 Position Among U.S. Public Bitcoin Treasuries