Please enter CoinGecko Free Api Key to get this plugin works.
Please enter CoinGecko Free Api Key to get this plugin works.
HomeCrypto NewsFold Adds 475 BTC, Secures Top 10 Spot in U.S. Public Bitcoin...

Fold Adds 475 BTC, Secures Top 10 Spot in U.S. Public Bitcoin Treasuries

-

Fold Holdings, Inc. (NASDAQ: FLD) has increased its bitcoin (BTC) 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.

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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Ethereum’s Holesky Testnet Finalizes, Finally

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Margaux Nijkerk, CoinDesk’s Ethereum Reporter.In this issue:Ethereum’s Holesky...

Why TikTok Should Be OnChain

Imagine a world where your digital identity is truly your own, where every post, connection, and interaction isn’t locked within the walls of a corporate...

Pi Network Price Prediction: Pi Coin Soars Past $1.50, Eyes $1.80 Retest

Pi Network Coin has been making waves in the crypto market, recently breaking through the $1.50 resistance level and eyeing a potential retest of $1.80. With...

Tether’s Paolo Ardoino Says USDT Stablecoin Issuer ‘Has Been Through Hell’, Is Cheered On at Cantor Conference

Attendees clapped and cheered when Paolo Ardoino, the public face of perhaps most influential company in crypto, entered the stage at the Cantor Fitzgerald Global...

Most Popular