Fold Holdings Expands Corporate Bitcoin Treasury with 10 Additional BTC

Fold Holdings, Inc., a leading bitcoin financial services company, has bolstered its corporate treasury with the acquisition of 10 additional bitcoin (BTC). The purchase, made at an average price of approximately $87,500 per BTC, brings Fold’s total bitcoin holdings to over 1,000 BTC.

Fold was founded with the mission to make bitcoin more accessible and offers services designed to integrate the cryptocurrency into everyday financial activities. This move reinforces the company’s commitment to incorporating bitcoin into its financial strategy and highlights its confidence in the cryptocurrency’s long-term value.

Integrating Bitcoin into Everyday Financial Activities

The Fold app, the company’s flagship product, allows users to earn bitcoin rewards on everyday purchases through its debit and credit card offerings. This approach has resonated with consumers seeking to accumulate bitcoin seamlessly as part of their regular spending habits.

Tips for Accumulating Bitcoin:

  • Earn bitcoin rewards on everyday purchases through debit and credit card offerings.
  • Consider investing in bitcoin-focused companies like Fold Holdings.
  • Stay informed about industry trends and market developments.

Fold’s Public Listing and Growing Corporate Confidence in Bitcoin

Fold has officially gone public on the Nasdaq under the ticker “FLD,” increasing its visibility and allowing investors to engage with its bitcoin-focused vision. This listing is part of a broader trend of cryptocurrency companies entering traditional financial markets, signaling greater acceptance of digital assets.

Earlier, Fold increased its bitcoin treasury, aligning with industry trends where corporations are adding bitcoin to their balance sheets. Notably, other companies have also acquired significant amounts of bitcoin, reflecting rising corporate confidence in the cryptocurrency.

“We are committed to integrating bitcoin into our strategy and positioning Fold among the top corporate bitcoin treasuries in the U.S.” – CEO Will Reeves

As of February 26, 2025, Fold’s stock is trading at $5.88. Stay up-to-date with the latest news on bitcoin and cryptocurrency developments on Global Crypto News.

Post Views: 1