Reeves discusses Fold’s 2025 accomplishments and 2026 goalsPHOENIX, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Yesterday 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, filed an 8K with a letter from Chairman and CEO, Will Reeves, to Fold customers. A copy of that letter follows below. To Fold Customers, Fold was founded on a simple belief: financial tools should help pe ...

Company Overview - Fold Holdings has been officially included in the Russell 2000 index as of December 22, marking it as the first publicly traded Bitcoin financial services firm with over 1,500 BTC in its treasury [2][3] - The company offers a range of products including the Fold App, Fold Bitcoin Gift Card, Fold Debit Card, and an upcoming Fold Bitcoin Rewards Credit Card [2] Market Impact - The inclusion of Fold Holdings in the Russell 2000 is seen as a significant milestone that enhances its visibility among institutional and retail investors, according to the company's CEO [3] - Goldman Sachs analyst Ben Snider predicts that the Russell 2000 could experience upward momentum in early 2026, with expected annual returns of around 10%, which is slightly lower than the S&P 500's projected 12% [3] Industry Context - The Russell 2000 index consists of approximately 2,000 US small-cap stocks, representing about 5-7% of the total US public equity market capitalization, and serves as a benchmark for small-cap investment performance [4] - Fold Holdings is not the first crypto-related company in the Russell 2000; other companies like Marathon Digital Holdings and Riot Blockchain are already part of the index, with these mining firms being top performers in 2023 [5] - Unlike existing constituents, Fold Holdings focuses on consumer-facing fintech services rather than mining operations [6] Regulatory Considerations - The attention surrounding Fold Holdings' inclusion is heightened by MSCI's consideration to exclude companies with digital asset holdings exceeding 50% from its global benchmarks, suggesting these companies resemble investment funds more than operational businesses [7]

Core Insights - Fold Holdings, Inc. has been included in the Russell 2000 Index, marking a significant milestone for the company and enhancing its visibility among investors [1][3]. Company Overview - Fold 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 over 1,500 BTC in its treasury, positioning itself at the forefront of integrating bitcoin into everyday financial experiences [4]. Strategic Initiatives - The company is focused on executing a clear strategy to incorporate Bitcoin into everyday commerce, with strong early demand for its Bitcoin Gift Card and the upcoming Fold Bitcoin Rewards Credit Card [3]. - Fold aims to build a differentiated platform designed for long-term growth, emphasizing disciplined execution and expanding distribution [3].

Core Insights - Fold Holdings, Inc. has achieved nationwide availability in all 50 U.S. states through a partnership with BitGo Bank & Trust, following BitGo's approval as a federally chartered bank by the OCC, marking a significant regulatory milestone for Bitcoin access in the U.S. [1][2][3] Group 1: Company Developments - Fold is now the first consumer Bitcoin financial services company to operate under a single, federally supervised trust framework, replacing the previous state-by-state regulations that limited consumer access [2][3]. - The partnership with BitGo allows Fold to offer Bitcoin exchange and custody services nationwide, including in previously restricted markets like New York, enhancing the accessibility of its products such as the Fold Bitcoin Gift Card™ and the upcoming Fold Bitcoin Credit Card™ [2][3]. Group 2: Industry Impact - The federal bank charter obtained by BitGo, combined with Fold's financial products, establishes the first true national framework for Bitcoin access in the U.S., which is expected to facilitate a more straightforward and regulated engagement with Bitcoin for consumers [3]. - This development is seen as a significant shift from navigating regulatory barriers to building a solid foundation for the Bitcoin market, allowing Fold to expand its consumer base across the entire country [3][6].

Core Insights - There is a strong interest in gifting bitcoin this holiday season, with 60% of consumers expressing interest and a preference for trusted, regulated U.S. financial brands [2][6] - The survey indicates that 62% of consumers trust the current crypto gift card products available, highlighting rapid adoption of this new gifting method [2][6] - A significant 78% of respondents find bitcoin gift cards from well-known, regulated U.S. financial institutions more appealing than those from typical crypto companies, reflecting a 16-percentage-point increase in trust [2][3] Company Overview - Fold Holdings, Inc. is a bitcoin financial services company that facilitates earning, saving, and spending bitcoin through everyday financial tools [1][5] - The company is the first publicly traded bitcoin financial services firm and holds over 1,500 BTC in its treasury, positioning itself at the forefront of integrating bitcoin into daily financial experiences [5] Methodology - The findings are based on a survey of 626 U.S. consumers conducted in October and November 2025, representing a diverse demographic in terms of gender, age, and geographic location [4]

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]