Interest in gifting bitcoin is high this holiday season, and consumers overwhelmingly prefer options from trusted, regulated U.S. financial brandsPHOENIX, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Fold Holdings, Inc. (NASDAQ: FLD) (“Fold” or the “Company”), a bitcoin financial services company making it easy for individuals to earn, save, and spend bitcoin through everyday financial tools, today released new findings from its 2025 Holiday Bitcoin Gifting Outlook. The study reveals strong interest in gifting bitcoin ...

Core Insights - Fold Holdings, Inc. has announced a partnership with Steak 'n Shake to offer bitcoin rewards, marking a significant step in integrating bitcoin into everyday consumer experiences [1][2][4] - The promotion allows customers to earn $5 in bitcoin when purchasing specific meals, highlighting the shift of bitcoin from a niche investment to mainstream culture [2][4] Company Overview - Fold is a bitcoin financial services company that facilitates earning, saving, and spending bitcoin through various financial tools, and is the first publicly traded company in this sector [1][6] - The company holds nearly 1,500 BTC in its treasury and aims to bridge traditional finance with a bitcoin-powered future through innovative products like the Fold App and Fold Credit Card™ [6] Partnership Details - The limited-time offer is available at approximately 400 Steak 'n Shake locations across the U.S., allowing customers to earn bitcoin through meal purchases [2][3] - Customers can redeem their bitcoin reward by uploading their receipt on a dedicated website, emphasizing the ease of access to bitcoin for new users [3] Industry Impact - This initiative represents a milestone in the adoption of bitcoin, as it is the first instance of a U.S. restaurant chain offering meals bundled with bitcoin rewards [2][4] - The campaign is part of a broader strategy by Fold to establish more mainstream partnerships aimed at making bitcoin a regular part of consumer life [4]

Core Viewpoint - Fold Holdings, Inc. is set to hold its third-quarter earnings conference call on November 10, 2025, at 5:00 PM Eastern Time, with a press release detailing the results to be issued prior to the call [1]. Group 1: Company Overview - Fold Holdings, Inc. is the first publicly traded bitcoin financial services company, facilitating the earning, saving, and spending of bitcoin for individuals and businesses [4]. - The company holds nearly 1,500 BTC in its treasury, positioning itself at the forefront of integrating bitcoin into everyday financial experiences [4]. - Fold offers innovative products such as the Fold App, Fold Credit Card™, Fold Bitcoin Gift Card™, and Fold Debit Card™, bridging traditional finance with a bitcoin-powered future [4]. Group 2: Conference Call Details - Participants can join the earnings conference call by logging on or dialing in approximately 5 minutes before the start time [2]. - To join by phone, participants must register using the provided Dial-in Registration link, after which they will receive an email with access details including dial-in number, passcode, and PIN [3]. - A live and archived webcast of the conference call will be available on the Investors section of Fold's website [3].

Core Insights - Fold Holdings, Inc. is recognized as a leading player in integrating Bitcoin into everyday transactions through its Fold App and Fold Card, aiming for mainstream crypto adoption with a significant public Bitcoin treasury [1] - The company announced a partnership with Stripe and Visa to launch a Bitcoin-only rewards credit card, offering up to 3.5% back in Bitcoin on purchases, which simplifies the reward system for users [2] - Following the announcement of the credit card, FLD stock experienced a surge of up to 22.39%, indicating strong investor interest in crypto-linked financial products [3] - The Fold Bitcoin Credit Card is set to launch in late 2025, with a waitlist already open, and the company has processed over $3.1 billion in transactions while distributing more than $83 million in Bitcoin rewards [4]

Core Insights - Fold Holdings, Inc. reported a revenue of $8.2 million for Q2 2025, marking a 59% year-over-year increase, with a net income of $13.4 million [1][5] - The company experienced significant growth in new accounts, which increased by over 233% year-over-year, and transaction volumes rose by 124% year-over-year [1][5] - Fold successfully secured a $250 million equity purchase facility to enhance its Bitcoin holdings, currently holding 1,492 BTC valued at approximately $180 million [1][3][5] Financial Highlights - Revenue for Q2 2025 was $8.2 million, a 59% increase from the previous year [5] - Net income stood at $13.4 million, with an adjusted EBITDA loss of $4.7 million [5][20] - Earnings per share were reported at $0.28, with an adjusted EBITDA loss per share of $0.10 [5][20] Key Operating Metrics - Total transaction volume reached $265 million, reflecting a 124% increase year-over-year [5] - The number of active accounts exceeded 615,000, with an addition of 10,000 new accounts in the quarter [5] - Verified accounts increased to over 80,000, with 3,000 new verified accounts added [5] Strategic & Business Updates - The Fold Credit Card has generated significant consumer interest, with a waitlist exceeding 75,000 applicants [3][6] - The Fold Bitcoin Gift Card was successfully launched and is gaining traction through partnerships with online retailers [3][6] - The company launched Bitcoin Sends, allowing users to send and receive Bitcoin directly with any wallet address [3][11] Treasury and Investment Strategy - Fold's Bitcoin Investment Treasury currently holds 1,492 BTC, valued at approximately $160 million as of June 30, 2025 [5][11] - The establishment of the $250 million equity purchase facility is aimed at expanding Bitcoin holdings and maintaining operational flexibility [3][7]

Core Insights - Fold Holdings, Inc. has launched the Fold Bitcoin Gift Card™ on Giftcards.com, enhancing its presence in the bitcoin financial services market [1][2] - This launch provides millions of consumers with direct access to bitcoin in a familiar format, highlighting Fold's leadership in integrating digital assets into mainstream finance [2][3] - The partnership with Blackhawk Network (BHN) allows Fold to reach over 400,000 retail and digital distribution points globally, facilitating the scaling of bitcoin distribution beyond traditional exchanges [4][6] Company Overview - Fold is the first publicly traded bitcoin financial services company, with a treasury of over 1,492 BTC, focusing on making bitcoin accessible for earning, saving, and spending [6] - The company offers various innovative products, including the Fold App, Fold Credit Card™, Fold Bitcoin Gift Card™, and Fold Debit Card™, aiming to bridge traditional finance with a bitcoin-powered future [6] Industry Context - The addition of the Fold Bitcoin Gift Card to Giftcards.com introduces a new financial utility, indicating a growing demand for bitcoin-based consumer products [3][4] - Giftcards.com is a major player in the digital gift card market, providing a platform that already processes millions in stored value annually, thus enhancing the visibility and accessibility of bitcoin [4][5]

Core Insights - Fold Holdings, Inc. has partnered with Blackhawk Network, Inc. to enhance the distribution of the Fold Bitcoin Gift Card, aiming to increase consumer access to bitcoin through major U.S. digital retailers [1][3] - The Fold Bitcoin Gift Card allows consumers to gift bitcoin in a familiar format, facilitating easier access for those without technical knowledge or a crypto wallet [4][6] - The initiative is positioned to tap into the $300 billion U.S. gift card market, addressing a long-standing challenge in integrating bitcoin into everyday commerce [4][5] Company Overview - Fold is the first publicly traded bitcoin financial services company, with a treasury of over 1,492 BTC, focusing on making bitcoin accessible for individuals and businesses [6] - The company offers various products, including the Fold App, Fold Credit Card™, Fold Bitcoin Gift Card™, and Fold Debit Card™, bridging traditional finance and the bitcoin ecosystem [6] Industry Trends - There is a growing momentum for crypto-based gifting, with 47% of executives anticipating growth in the crypto gift card category in 2025, indicating a shift in consumer preferences towards digital assets [5] - Blackhawk Network, with over 400,000 consumer touchpoints, is enhancing the retail ecosystem for cryptocurrency, providing practical ways for consumers to engage with digital currencies [3][7]

Core Viewpoint - Fold Holdings, Inc. is set to announce its second quarter earnings results for the period ending June 30, 2025, during a conference call scheduled for August 12, 2025, at 5:00 PM Eastern Time [1]. Company Overview - Fold Holdings, Inc. is the first publicly traded bitcoin financial services company, facilitating the earning, saving, and usage of bitcoin for individuals and businesses [4]. - The company holds over 1,492 BTC in its treasury, positioning itself as a leader in integrating bitcoin into everyday financial experiences [4]. - Fold is developing innovative products such as the Fold App and Fold Card to bridge traditional finance with a bitcoin-powered future [4]. Conference Call Details - Participants can join the earnings conference call by logging on or dialing in approximately 5 minutes before the start time [2]. - Those wishing to join by phone must register using the provided Dial-in Registration link, after which they will receive an email with access details including dial-in number, passcode, and PIN [3]. - A live and archived webcast of the conference call will be available on the Investors section of Fold's website [3].

Financial Challenges - The average American is experiencing a decrease in savings and a reduction in purchasing power [1] Fold App Solution - Fold App aims to address these challenges by simplifying personal finance through Bitcoin [1] - Fold App promotes easy access to personal finance for everyone [1]

Core Viewpoint - Fold Holdings, Inc. has announced a $250 million equity purchase facility aimed primarily at acquiring additional bitcoin for its corporate treasury [1][2]. Group 1: Equity Purchase Facility - The facility allows the company to issue and sell up to $250 million in newly issued shares of common stock at its discretion, subject to certain conditions including SEC registration [2][3]. - The company is not obligated to utilize the facility and retains control over the timing and amount of any drawdown, with specific restrictions in place [2][3]. Group 2: Company Overview - Fold is the first publicly traded bitcoin financial services company, facilitating the earning, saving, and usage of bitcoin for individuals and businesses [5]. - The company currently holds over 1,490 BTC in its treasury and is focused on integrating bitcoin into everyday financial experiences through various innovative products [5]. Group 3: Placement Agent - Cohen & Company Capital Markets acted as the exclusive placement agent for the establishment of the equity purchase facility [4].