Dossier
Fold Holdings
Coverage of Fold Holdings in the Nexus archive.
- Fold discloses $45 million bitcoin sale, pays off collateralized debt in full; shares surge 160%
Fold Holdings sold $45 million in bitcoin to pay off its collateralized debt in full, resulting in a 160% surge in its shares. The company's stock price increased significantly following the debt repayment.
- Fold (FLD) Launches Bitcoin Bonus Program for Employers Through Fold Business Platform
Fold Holdings has launched a Bitcoin Bonus Program through its Fold Business platform, allowing employers to offer recurring Bitcoin bonuses without altering payroll systems. The program, which converts USD bonuses to Bitcoin and manages custody and vesting, is being adopted by companies like Steak ’n Shake and Simple Mining. Fold aims to expand its B2B strategy with additional services like corporate treasury solutions and a Bitcoin credit card.