Fold buys 475 Bitcoin, enters top 10 of US companies holding BTC

Fold Holdings, a U.S.-based Bitcoin financial services firm, has added 475 Bitcoin to its corporate treasury, bringing its total holdings to more than 1,485 BTC, as announced on March 8, 2025.

This acquisition, valued at over $135 million at current Bitcoin prices of around $87,800, was financed through a convertible note issuance with a conversion price of $12.50 per share—more than double Fold’s March 5 closing price. This move cements Fold’s position among the top 10 U.S. public companies with the largest Bitcoin treasuries, showcasing its commitment to Bitcoin as a cornerstone of its strategy.

The company’s flagship product, the Fold app, lets users earn Bitcoin rewards on everyday purchases using its debit and credit card offerings, appealing to consumers eager to accumulate Bitcoin through routine spending. Fold CEO Will Reeves emphasized the strategic importance of this acquisition, stating, “As the first publicly traded Bitcoin financial services company, we believe maintaining a significant Bitcoin treasury not only drives value for our shareholders but also strengthens our ability to power the next generation of financial services built on Bitcoin.” This vision aligns with Fold’s mission to lead in Bitcoin-driven finance, leveraging its listing on a major stock exchange since February 2025. Stay updated on Bitcoin treasury trends with Crypto Market Insights on news.thecoininfo.com.

Fold’s public debut on the exchange has boosted its visibility, allowing investors to engage with its Bitcoin-focused vision, especially as the market plans to introduce 24/5 trading—enabling continuous stock trading from Sunday evening to Friday night. At the time of writing, Fold’s stock is trading at $8.18 per share, reflecting market interest in its Bitcoin strategy despite the convertible note’s premium pricing. For crypto and stock investors, Fold’s aggressive Bitcoin accumulation signals confidence in the asset’s long-term value, but its stock volatility and the high conversion price could pose risks. Whether Fold’s bet pays off or faces challenges, its role in Bitcoin finance is one to watch in 2025, with resources like Crypto News Updates on news.thecoininfo.com and The Coin Info Hub on thecoininfo.com keeping you informed on this evolving story.

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