Fold Teaming With Stripe for Its Bitcoin Rewards Credit Card

Nasdaq-listed Fold (FLD) said it was teaming up with Stripe and Visa (V) to launch its first bitcoin-only rewards credit card, giving users a simple way to stack sats on everyday purchases. The Fold Bitcoin Credit Card will run on Visa’s network and use Stripe Issuing’s infrastructure, the company said in the Tuesday press release. Fold shares were 10% lower at publication time, trading $3.49. Cardholders will earn 2% back in bitcoin instantly, with an extra 1.5% boost available when paying off purchase ...