Fold Holdings (ticker: FLD), a bitcoin payment rewards service, listed on Nasdaq on February 19 through a merger with FTAC Emerald Acquisition Corp, a special purpose acquisition company (SPAC). On its first day of listing, FLD shares rose more than 30% to $13 before falling back to around $11.
According to public filings, Fold currently holds 1,000 bitcoins, which is worth about $96 million at current prices, making it the second public company to hold bitcoin on its balance sheet after MicroStrategy, Semler Scientific, and Metaplanet.
Bitcoin payment app Fold goes public on Nasdaq through SPAC merger
2025-02-19 15:22:48
Bitcoin payments rewards service provider fold holdings stocks codedesk3cryptocurrencydesktopCrypto News
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