- Fold Holdings acquired 475 BTC, increasing its total holdings to approximately 1,485 BTC, marking a 50% increase.
- Fold’s move places it among the top 10 U.S. companies with the largest BTC reserves, reflecting the broader corporate adoption trend.
- Following the announcement, Fold’s stock surged 27%, showcasing the growing influence of BTC adoption in corporate and market strategies.
Fold Holdings, a U.S.-based Bitcoin financial services company, has strengthened its corporate treasury by acquiring 475 BTC. This latest purchase propels Fold into the top 10 publicly traded U.S. companies with the largest Bitcoin reserves, underscoring the growing trend of corporate BTC adoption.
With this new acquisition, Fold’s total Bitcoin holdings have surged to approximately 1,485 BTC, marking a nearly 50% increase in its reserves. The company’s commitment to Bitcoin aligns with a broader movement among corporations integrating BTC as a strategic asset in their financial playbook.
Notably, Fold financed this BTC acquisition by issuing a convertible note at a 100% premium, setting a conversion price at $12.50 per share. This approach reflects the company’s confidence in both its equity value and Bitcoin’s long-term potential. Commenting on the decision, Fold CEO Will Reeves stated:
“We believe BTC will play a key role in the foundation of a new financial era, and Fold will help lead the way. As the first publicly traded BTC financial services company, we believe maintaining a significant Bitcoin treasury drives value for our shareholders and, more importantly, strengthens our ability to power the next generation of financial services built on Bitcoin.”
Reeves further highlighted that Fold’s BTC treasury serves dual purposes, offering value to investors seeking BTC exposure and acting as a financial buffer to support the firm’s Bitcoin-native financial products.
Fold Holding Soars 27% as U.S. Creates Bitcoin Reserve.
Following the announcement, Fold Holdings’ stock (FLD) surged over 27% in regular trading hours, closing at $7.71. However, pre-market trading saw a minor pullback, with the stock dipping to $7.50. Despite the recent upswing, FLD remains down over 30% year-to-date, reflecting broader market volatility.
Fold’s move coincides with a historic development in U.S. economic policy. Yesterday, President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve (SBR) and a Digital Asset Stockpile, marking a significant shift in how the U.S. government perceives BTC. This initiative aims to position BTC as a key national asset, reinforcing its role as a reliable store of value in the global financial system.
The formation of a U.S. SBR is expected to trigger a domino effect, with other nations likely to follow suit in accumulating Bitcoin as ‘digital gold.’ Countries like El Salvador and Bhutan have already taken steps in this direction, maintaining sizable BTC reserves as part of their economic strategy.
MicroStrategy Leads as Bitcoin Holdings Surge
As nation-states increasingly embrace Bitcoin as a financial hedge, corporations ramp up their BTC exposure worldwide. According to CoinGecko data, Michael Saylor’s MicroStrategy remains the largest public company holding BTC, boasting over 440,000 BTC in its treasury.
Additionally, Brazilian fintech Meliuz recently announced that it had allocated 10% of its total cash reserves to BTC, signaling a strong institutional shift toward the asset. Meanwhile, Mexican billionaire Ricardo Salinas revealed that 70% of his portfolio is now allocated to BTC and related investments, further reinforcing BTC’s dominance among high-net-worth individuals.
Despite the bullish corporate and government adoption momentum, Bitcoin’s volatility remains a concern. Critics argue that BTC behaves more like a speculative asset than a stable store of value.
Bitcoin is trading at $86,030 at press time, reflecting a 0.1% increase over the past 24 hours. As institutions and governments continue integrating BTC into their financial strategies, the market awaits further developments that could drive BTC to new heights.
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