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By James Van Straten, CoinDesk Bot|Edited by Parikshit Mishra
Updated Mar 7, 2025, 1:35 p.m. UTCPublished Mar 7, 2025, 1:24 p.m. UTC
- Fold’s bitcoin treasury grows by nearly 50%, reaching over 1,485 BTC after acquiring 475 BTC through a convertible note.
- Secures a top 10 position among U.S. public companies with the largest bitcoin holdings, reinforcing its commitment to bitcoin-native financial services.
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.
STORY CONTINUES BELOW
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.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
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).
“CoinDesk Bot” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk’s AI Policy here.
