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The Daily Hodl 2025-03-07 19:41:09

Fold Holdings Becomes Top 10 US Public Bitcoin Treasury With Latest Purchase of 475 BTC

Fold Holdings is announcing that it has acquired 475 more Bitcoin ( BTC ), increasing its total holdings to over 1,485 BTC. According to a new press release, the acquisition ups Fold’s BTC treasury by nearly half, launching the company into the top ten US public companies in terms of Bitcoin holdings. According to the press release, the purchase was made through a convertible note, offering a conversion price of $12.50 per share. In the announcement, CEO Will Reeves underscored Fold’s commitment to advancing Bitcoin financial services. “We believe Bitcoin 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 bitcoin financial services company, we believe maintaining a significant bitcoin treasury not only drives value for our shareholders, but more importantly, strengthens our ability to power the next generation of financial services built on Bitcoin. Fold’s Bitcoin treasury serves a dual purpose: providing value to investors seeking bitcoin exposure, while acting as a corporate strategic reserve to support our growing suite of Bitcoin-native financial products. We remain committed to building a bridge between traditional finance and the Bitcoin economy and ensuring our users benefit from Bitcoin’s long-term appreciation and utility.” Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Fold Holdings Becomes Top 10 US Public Bitcoin Treasury With Latest Purchase of 475 BTC appeared first on The Daily Hodl .

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