Fold Holdings, Inc. Class A (FLD)

In the past six months, Fold Holdings, Inc. experienced several notable stock events. Fold announced its inclusion in the Russell 2000 Index on December 22, 2025. On December 18, 2025, Fold became the first public Bitcoin financial services company to operate nationwide through BitGo's federally chartered trust framework. A Fold survey on December 4, 2025, found that 60% of consumers were interested in gifting Bitcoin during the holiday season. Fold launched an affiliate program for its Bitcoin Gift Card on November 19, 2025. Stonegate Capital Partners initiated coverage on Fold Holdings Inc. on November 13, 2025. Fold announced its Third Quarter 2025 results on November 10, 2025, reporting $7.4 million in revenue, $0.6 million net income, and an adjusted EBITDA loss of $4.2 million. Fold announced its Second Quarter 2025 results on August 12, 2025, with revenue increasing by 59% year-over-year to $8.2 million and a net income of $13.4 million. The stock price has decreased by 77.43% from February 19, 2025 to January 9, 2026.

There is an indication of demand seasonality for Fold Holdings' products, particularly around holidays. A survey conducted by Fold in October-November 2025 found that 60% of U.S. consumers were interested in gifting Bitcoin during the holiday season, suggesting increased demand for products like the Fold Bitcoin Gift Card during these periods.

Fold Holdings, Inc. (FLD) is a bitcoin financial services company providing access to bitcoin through consumer financial products in the United States. It operates within the Financials sector, offering services like an FDIC-insured checking account, a Visa prepaid debit card, bill payments, and merchant reward offers via its mobile app. Fold has also introduced the Fold Card, Fold Credit Card, and the Fold Bitcoin Gift Card. The company invests in bitcoin for its treasury, holding 1,526 BTC as of November 6, 2025.

Fold Holdings, Inc. is headquartered in Phoenix, Arizona, United States, and its products and services are available nationwide across all 50 U.S. states.

Fold Holdings' brand reputation has been positively influenced by its role in Bitcoin financial services and efforts to expand accessibility. Becoming the first public Bitcoin financial services company to operate nationwide through BitGo's federally chartered trust framework enhances its credibility. A company survey revealed that consumers are interested in gifting Bitcoin during the holiday season, indicating trust in regulated brands like Fold. The launch of an affiliate program for the Bitcoin Gift Card promotes its products and strengthens its brand presence. Inclusion in the Russell 2000 Index broadens market awareness and visibility.

Fold Holdings is owned by 7.71% institutional shareholders, 72.26% Fold Holdings insiders, and 20.04% retail investors. Major institutional owners include Vanguard Group Inc., Blue Owl Capital Holdings LP, and Geode Capital Management, Llc. Major individual and insider owners include Fulgur Frontier Capital LP, Betsy Z. Cohen, and William Brian Poppic Reeves.