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Fold Adds 475 BTC, Secures Top 10 Spot in U.S. Public Bitcoin Treasuries
With over 1,485 BTC in its treasury, Fold strengthens its position as a leader in bitcoin-powered financial services.
Updated Mar 7, 2025, 1:35 p.m. Published Mar 7, 2025, 1:24 p.m.
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What to know:
- Fold’s bitcoin treasury grows by nearly 50%, reaching over 1,485 BTC after acquiring 475 BTC through a convertible note.
- Secures a top 10 position among U.S. public companies with the largest bitcoin holdings, reinforcing its commitment to bitcoin-native financial services.
Fold Holdings, Inc. (NASDAQ: FLD) has increased its bitcoin treasury by 475 BTC, bringing its total holdings to over 1,485 BTC.
This move secures Fold's position among the top ten U.S. public companies with the largest bitcoin treasuries.
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Acquiring bitcoin through a convertible note at a 100% premium, Fold reinforces its strategy of bridging traditional finance with the bitcoin economy.
CEO Will Reeves emphasized the company’s commitment to driving shareholder value and supporting bitcoin-native financial services. As bitcoin adoption grows globally.
“We believe Bitcoin will play a key role in the foundation of a new financial era, and Fold will help lead the way,” said Will Reeves, chief executive officer of Fold.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
