Fold Launches Bitcoin Gift Card on Major US Online Retailer, Holds Over 1,492 BTC in Treasury
Main Idea
Fold Holdings, Inc. has launched a Bitcoin Gift Card on a major US online retailer and disclosed holding over 1,492 BTC in its treasury, with plans to acquire more Bitcoin through a $250 million equity purchase facility.
Key Points
1. Fold Holdings, Inc. (NASDAQ: FLD) announced the launch of its Bitcoin Gift Card on a major US online retailer.
2. The company holds over 1,492 BTC in its treasury.
3. Fold plans to raise $250 million through an equity purchase facility, primarily to acquire more Bitcoin for its corporate reserves.
Description
Fold Holdings, Inc. (NASDAQ: FLD) has announced the launch of its Fold Bitcoin Gift Card on Giftcards.com, the largest digital gift card retailer in the U.S. This initiative aims to expand access to Bitcoin for millions of consumers in a familiar and user-friendly format. The Fold Bitcoin Gift Card is the only Bitcoin gift card
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