Fold Adds 475 BTC, Secures Top 10 Spot in U.S. Public Bitcoin Treasuries

1 week ago 1

With over 1,485 BTC in its treasury, Fold strengthens its position as a leader in bitcoin-powered financial services.

Updated Mar 7, 2025, 1:35 p.m. UTCPublished Mar 7, 2025, 1:24 p.m. UTC

Fold Holdings, Inc. (NASDAQ: FLD) has increased its bitcoin (BTC) treasury by 475 BTC, bringing its total holdings to over 1,485 BTC.

This move secures Fold's position among the top ten U.S. public companies with the largest bitcoin treasuries.

Acquiring bitcoin through a convertible note at a 100% premium, Fold reinforces its strategy of bridging traditional finance with the bitcoin economy.

CEO Will Reeves emphasized the company’s commitment to driving shareholder value and supporting bitcoin-native financial services. As bitcoin adoption grows globally.

“We believe Bitcoin will play a key role in the foundation of a new financial era, and Fold will help lead the way,” said Will Reeves, chief executive officer of Fold.

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James Van Straten

James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment. Previously, James worked as a Research Analyst at Saidler & Co., a Swiss hedge fund, where he developed expertise in on-chain analytics. His work focuses on monitoring flows to analyze Bitcoin's role within the broader financial system. In addition to his professional endeavors, James serves as an advisor to Coinsilium, a UK publicly traded company, where he provides guidance on their Bitcoin treasury strategy. He also holds investments in Bitcoin, MicroStrategy (MSTR), and Semler Scientific (SMLR).

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