Fold Holdings, Inc. Class A (FLD)

In the past six months, Fold Holdings, Inc. announced its first-quarter 2026 results on May 12th, 2026. In April 2026, Fold launched a Bitcoin Bonus Program for employers. In March 2026, the company reported its fourth-quarter and full-year 2025 results, including a 34% year-over-year revenue increase and a 46% increase in transaction volumes. Analysts cut their forecasts on Fold Holdings following the Q4 earnings. In February 2026, Fold eliminated its convertible debt. The stock has experienced significant volatility, with a 52-week range between $1.00 and $5.54. Over the past 12 months, the stock has lost 69.9% and has underperformed the market in the last year, three months, and two-week periods.

Fold Holdings, Inc. has identified a seasonal demand for its Bitcoin gifting products, particularly during the holiday season. A 2025 Holiday Bitcoin Gifting Outlook indicated significant consumer interest in gifting Bitcoin. A notable percentage of respondents preferred Bitcoin gift cards from well-known, regulated U.S. financial institutions, suggesting a potential surge in demand for Fold's Bitcoin Gift Card during this period.

Fold Holdings, Inc. is a Bitcoin-focused financial services company integrating Bitcoin into everyday financial activities. It offers a suite of consumer financial products, including an FDIC-insured checking account, a prepaid Visa debit card, a Bitcoin rewards credit card, a Bitcoin gift card, bill payment services, and merchant reward offers. The company also facilitates Bitcoin buying and selling with low-to-zero fees and insured custody. Fold provides "Fold for Business," a B2B Bitcoin financial platform for integrating Bitcoin into payroll, bonuses, and corporate treasury programs.

Fold Holdings, Inc.'s products and services are primarily available in the United States. The company's headquarters are located in Phoenix, Arizona.

Fold Holdings, Inc. has actively worked to enhance its brand reputation through product innovation and strategic partnerships. The launch of the Fold Bitcoin Rewards Credit Card and the "Fold for Business" platform are key initiatives. The company has also expanded the availability of its Fold Bitcoin Gift Card through partnerships with retailers and restaurants. Fold emphasizes its position as the first publicly traded Bitcoin financial services company and its role in bridging traditional finance with the Bitcoin economy.

Fold Holdings, Inc. has a mix of institutional and individual/private company owners. As of May 2026, 55 institutional owners and shareholders have filed 13D/G or 13F forms, holding a total of 3,950,031 shares. Major institutional shareholders include Vanguard Group Inc., Blue Owl Capital Holdings LP, Geode Capital Management, Llc, Baird Financial Group, Inc., Vontobel Holding Ltd., Union Square Park Capital Management, LLC, BlackRock, Inc., State Street Corp, Citadel Advisors Llc, and Mariner, LLC. Private companies hold a significant stake, with Emerald ESG Sponsor, LLC (15%), Fulgur Frontier Capital Lp (14%), and Ten 31 (11%) being among the largest shareholders. The company's CEO, William Reeves, directly holds 10% of the total shares outstanding. Roughly 50% of the company is controlled by its top four shareholders.