Fold Expands Bitcoin Holdings with 475 BTC Treasury Addition

Bitcoin

Fold Expands Bitcoin Holdings with 475 BTC Treasury Addition

• Fold added 475 BTC to its treasury, increasing total holdings to over 1,485 BTC while using convertible bonds to raise capital.
• Fold is applying for a Nasdaq listing under the ticker “FLD” to improve transparency and attract institutional investors.

Bitcoin-based financial services company Fold has just added 475 BTC, worth $41 million, to its treasury. With the addition, Fold now owns more than 1,485 BTC, currently worth nearly $130 million. This move is not merely a collection of digital assets—it‘s a carefully determined financial strategy to boost the company’s position in the ever-growing crypto market.

Convertible Bonds and Nasdaq Dreams: Folds Next Big Steps

Fold appears to be adopting an approach that MicroStrategy has already implemented. The corporation is issuing convertible bonds to raise capital to acquire Bitcoin. In the world of investing, this is a pretty bold strategy.

Convertible bonds allow investors to purchase bonds that can be converted into shares at a certain price in the future. In this way, Fold is not only adding Bitcoin to its balance sheet but also expanding its access to capital without having to sell shares on the open market.

On the other hand, Fold has other major plans. that the company is applying to list its shares on the Nasdaq under the ticker symbol “FLD.” This step will offer up wider access to institutional funding and boost transparency of its business to investors.

Fold and Visa: Changing the Way People Earn Bitcoin

Bitcoin as an investment is nothing new, but Fold is trying a fresh approach by presenting a means to earn Bitcoin from everyday activities.

In February, the company to launch a new credit card that rewards users with up to 2% of every transaction they make in Bitcoin. This is a smart method to promote Bitcoin to a wider audience without needing to buy straight from a crypto exchange.

Though with the extra advantage of cryptocurrencies, the credit card operates much as any other credit card. Through the program, its two main objectives are to raise Bitcoin acceptance and provide a fresh experience in a rewards system more creative than conventional loyalty programs.

Major Investment from HK Asia Holdings Limited

On the other hand, one of the major investment firms based in Hong Kong, HK Asia , has agreed to purchase an additional 7.88 BTC worth approximately $761,705 on February 20, 2025. The action follows the 1,700% increase in stock value of the corporation since the years commencement.

Bitcoin as Part of a Long-Term Strategy

In his statement, Fold CEO Will Reeves underlined that Bitcoin ownership is not merely a storage of assets, but part of the companys long-term mission.

Fold believes that Bitcoin will play a major role in the evolution of the modern financial system. By continuing to increase its holdings, Fold strengthens its position as a leader in Bitcoin adoption in the financial sector.

As a platform, Fold has enabled more than $2.5 billion in transactions and serves over 600,000 consumers. Not only does it offer Bitcoin-based services, but the company also intends to integrate BTC awards into daily transactions. This means that Fold is not only playing in the crypto investment world but also building an ecosystem where Bitcoin can be part of everyday economic activities.