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Fold’s Bold Move: 1,000+ Bitcoin Treasury Sparks Crypto Curiosity!

Crypto
Last updated: February 26, 2025 4:16 pm
Crypto
Published February 26, 2025
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Fold’s Bold Move: 1,000+ Bitcoin Treasury Sparks Crypto Curiosity!

Fold Holdings Expands Bitcoin Holdings, Bolsters Corporate Strategy

Fold Holdings, Inc., a leading bitcoin financial services firm, has bolstered its corporate treasury by acquiring 10 more bitcoins. The purchase, valued at around $87,500 per coin, pushes Fold’s total holdings past 1,000 bitcoins.

Founded to make Bitcoin more accessible, Fold integrates the cryptocurrency into daily financial activities. Its flagship app rewards users with bitcoins for everyday purchases via debit and credit cards.This strategy has attracted consumers who want to accumulate Bitcoin effortlessly.

Fold’s recent Nasdaq listing under “FLD” marks a notable milestone.It enhances the company’s visibility and invites more investors to join its bitcoin-focused mission. This move reflects a growing trend of crypto firms entering customary markets, signaling increased acceptance of digital assets.

Earlier, Fold had already expanded its Bitcoin treasury, mirroring a broader industry trend. Companies like Strategy have invested nearly $2 billion in Bitcoin, showing rising corporate confidence in the cryptocurrency.

CEO Will Reeves reaffirms Fold’s commitment to integrating Bitcoin into its strategy. As of February 26, 2025, Fold’s stock trades at $5.88, positioning it among top U.S. corporate Bitcoin treasuries.

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