Fold Holdings has secured a $250 million equity purchase facility to enhance its Bitcoin holdings for its corporate treasury, reinforcing its strategic commitment to the digital asset economy.
The funding mechanism grants Fold flexibility to raise capital through incremental equity sales over time. Proceeds will primarily target Bitcoin acquisitions, positioning the company to leverage the cryptocurrency’s potential as both an inflation hedge and growth asset within its reserve strategy.
This initiative aligns with a broader trend of corporate Bitcoin adoption exemplified by companies like MicroStrategy, adopting digital assets as treasury reserves amid macroeconomic uncertainties. While acknowledging risks tied to Bitcoin’s volatility and evolving regulation, Fold intends to manage exposure through its staged equity funding approach.
The treasury expansion strengthens Fold’s financial foundation while directly supporting its business model of rewarding users with Bitcoin through consumer applications. This move aims to solidify Fold’s competitive position in the crypto rewards market and amplify its role in the corporate digital asset ecosystem.