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Fold Secures $250 Million Equity Purchase Facility Intended to Expand Bitcoin Treasury Holdings
Globenewswire· 2025-06-17 12:30
PHOENIX, June 17, 2025 (GLOBE NEWSWIRE) -- Fold Holdings, Inc. (NASDAQ: FLD) (“Fold” or the “Company”), the first publicly traded bitcoin financial services company, today announced that it has entered into an agreement for a $250 million equity purchase facility (“Facility”), with the net proceeds primarily intended to be used to acquire additional bitcoin for Fold’s corporate treasury. Pursuant to the Facility, the Company, in its sole discretion, has the right, but not the obligation, to issue and sell u ...