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padec bitcoina

Fold Holdings Acquires 475 Bitcoin To Strengthen Corporate Treasury – Details

Ash Tiwari
by Ash Tiwari
5 months ago
·
Posted in Bitcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Fold Holdings, a US-based Bitcoin (BTC) financial services firm, announced today the addition of 475 BTC to its corporate treasury. This acquisition positions Fold Holdings among the top 10 US public companies with the largest Bitcoin reserves.

Fold Holdings Unveils Bitcoin Purchase

Bitcoin adoption among corporations continues to snowball, as Nasdaq-listed Fold has acquired another 475 BTC. This latest purchase marks nearly a 50% increase in the company’s total BTC holdings, which now stand at slightly more than 1,485 BTC.

Related Reading: Bitcoin May Receive “Unique Status” In Trump’s Crypto Reserve Plans, Report Says

Notably, the firm financed its BTC acquisition through the issuance of a convertible note at a 100% premium, with a conversion price of $12.50 per share. Commenting on the development, Fold CEO Will Reeves stated:

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.

Reeves further emphasized that Fold’s Bitcoin corporate treasury serves a dual purpose. It not only provides value to investors seeking BTC exposure, but also functions as a strategic reserve to support the firm’s Bitcoin-native financial products.

Fold’s share price (FLD) surged by more than 27% yesterday, closing the day at $7.71. However, in pre-market trading, the stock has dipped slightly to $7.50 at the time of writing. On a year-to-date basis, FLD remains down by over 30%.

fld
Source: Yahoo! Finance

BTC Adoption Likely to Gain Further Traction

Yesterday, US President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve (SBR) and a Digital Asset Stockpile. The establishment of an SBR further legitimizes BTC as a reliable store of value, now recognized by the world’s largest economy.

Related Reading: Metaplanet Acquires 269 BTC In Its First Bitcoin Purchase Of 2025 – Details

The formation of a US SBR is expected to trigger a domino effect, prompting other nations to establish their own BTC reserves in an effort to accumulate ‘digital gold.’ Countries like El Salvador and Bhutan already hold significant BTC reserves.

As nation-states increasingly embrace BTC as an asset class, corporations worldwide are likely to follow suit. Michael Saylor’s Strategy currently ranks first among public companies in terms of BTC holdings, with more than 440,000 BTC, according to CoinGecko data.

Yesterday, Brazilian fintech and publicly traded company Meliuz announced that it had allocated 10% of its total cash reserves to BTC. Similarly, Mexican billionaire Ricardo Salinas recently disclosed that 70% of his portfolio is allocated to BTC and related investments.

That said, concerns persist over BTC’s volatility, with some arguing that it behaves more like a speculative asset than a reliable store of value. At press time, BTC is trading at $90,192, up 0.5% in the past 24 hours.

bitcoin
BTC trades at $90,192 on the daily chart | Source: BTCUSDT on TradingView.com
Featured Image from Unsplash.com, Charts from Yahoo! Finance and TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Ash Tiwari

Ash Tiwari

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Ash is a seasoned freelance editor and writer with extensive experience in the blockchain and cryptocurrency industry. Over the course of his career, he has contributed to major publications, playing a key role in shaping informative, timely content related to decentralized finance (DeFi), cryptocurrency trends, and blockchain innovation. His ability to break down complex topics has allowed both seasoned professionals and newcomers to the industry to benefit from his work. Beyond these specific roles, Ash's writing expertise spans a wide array of content, including news updates, long-form analysis, and thought leadership pieces. He has helped multiple platforms maintain high editorial standards, ensuring that articles not only inform but also engage readers through clarity and in-depth research. His work reflects a deep understanding of the rapidly evolving blockchain ecosystem, making him a valuable contributor in a field where staying current is essential. In addition to his writing work, Ash has developed a strong skill set in managing content teams. He has led diverse groups of writers and researchers, overseeing the editorial process from topic selection, approval, editing, to final publication. His leadership ensured that content production was timely, accurate, and aligned with the strategic goals of the platforms he worked with. This has not only strengthened his expertise in content strategy but also honed his project management and team coordination skills. Ash's ability to combine technical expertise with editorial oversight is further bolstered by his knowledge of blockchain analysis tools such as Etherscan, Dune Analytics, and Santiment. These tools have provided him with the data necessary to create well-researched, insightful articles that offer deeper market perspectives. Whether it’s tracking the movement of digital assets or analyzing blockchain transactions, his analytical approach adds value to the content he produces, ensuring readers receive accurate and actionable information. In the realm of content creation, Ash is not limited to just cryptocurrency markets. He has demonstrated versatility in covering other emerging technologies, market trends, and digital transformation across various industries. His in-depth research, coupled with a sharp editorial eye, has made him a sought-after professional in the freelance writing community. From developing editorial calendars to managing content delivery schedules, he has honed a meticulous approach to project management that ensures timely, high-quality work delivery. Throughout his freelance career, Ash has consistently focused on improving audience engagement through well-researched, insightful, and relevant content. His ability to adapt to the evolving needs of clients, whether it's enhancing the visibility of digital platforms or producing thought-provoking pieces for a wide range of audiences, sets him apart as a dynamic force in the field of digital content creation. His contributions have helped to shape a well-rounded portfolio that showcases his versatility, technical expertise, and dedication to elevating the standards of journalism in blockchain and related sectors.

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