FLD Overview

Inclusion in Index: Fold Holdings (FLD), a bitcoin-focused financial services company, has been added to the Russell 2000 Index.

Capital Allocation Concerns: There are emerging concerns regarding capital allocation strategies for Fold Holdings, Inc.

Quant Rating: Seeking Alpha has provided a Quant Rating for Fold Holdings, Inc., reflecting its financial performance and market position.

Historical Earnings Data: The article includes historical earnings data and financial information relevant to Fold Holdings, Inc.

Financial Performance: Fold Holdings Inc (NASDAQ:FLD) reported a 48% increase in year-to-date revenues and a 74% rise in transaction volumes, reaching $753 million, despite an adjusted EBITDA loss of $4.2 million in Q3 2025.

Product Launches: The company successfully launched its Bitcoin gift card in 2,000 Kroger locations and has a Bitcoin rewards credit card in partnership with Visa and Stripe, generating significant interest with a waitlist exceeding 80,000.

Market Challenges: Fold Holdings faces competition in the Bitcoin financial services market and is navigating the volatility of Bitcoin, which impacts its financial results and market perception.

Growth Strategy: The company plans to expand the distribution of its Bitcoin gift card and leverage its existing Bitcoin holdings for growth initiatives, aiming to maximize customer acquisition and marketing efficiency.

Financial Performance: Fold Holdings, Inc. reported a revenue of $7.4 million for Q3 2025, marking a 41% year-over-year increase, with a net income of $0.6 million and total transaction volumes up 43% year-over-year.

Bitcoin Holdings: The company holds 1,526 BTC in its investment treasury, valued at approximately $154 million, and has not sold any bitcoin since going public.

Product Expansion: Fold is set to launch the Fold Bitcoin Rewards Credit Card in partnership with Visa and Stripe, and has seen growth in its Bitcoin Gift Card offerings, now available in physical stores like Kroger.

Strategic Initiatives: The company secured a $45 million revolving credit facility to enhance financial liquidity and support growth initiatives, while maintaining a strong balance sheet with a $250 million equity purchase facility.

Introduction of Bitcoin Gift Cards: Fold has launched the first-ever Bitcoin gift card, aiming to make Bitcoin gifting more accessible and appealing, especially for millennials who struggle with savings.

Functionality and Benefits: The gift card allows recipients to easily redeem Bitcoin through the Fold app without needing prior knowledge of cryptocurrency, providing a flexible way to save, spend, or cash out Bitcoin.

Fold Bitcoin Gift Card Launch: Fold Holdings, Inc. has launched its Fold Bitcoin Gift Card™ on Giftcards.com, the largest digital gift card retailer in the U.S., allowing consumers easy access to bitcoin through a familiar gifting platform.

Strategic Partnership with Blackhawk Network: This launch is part of a broader partnership with Blackhawk Network, enhancing Fold's distribution capabilities and aiming to integrate bitcoin into everyday financial transactions across various consumer channels.

Fold Holdings Launches Bitcoin Gift Card: Fold Holdings has introduced its Fold Bitcoin Gift Card™ on Giftcards.com, allowing consumers to access bitcoin in a user-friendly format.

Stock Performance: Following the announcement, Fold Holdings' shares rose by 4.74% in pre-market trading, reaching $4.20.