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Fold Holdings ( (FLD) ) has shared an announcement.
Fold Holdings announced its financial results for Q1 2025, showing a 44% increase in revenue to $7.1 million and a 50% increase in Bitcoin treasury holdings to 1,490 BTC. Despite a GAAP net loss of $48.9 million, the company saw significant growth in active accounts and transaction volumes. Key initiatives included the upcoming launch of the Fold Bitcoin Rewards Credit Card and the Fold Bitcoin Gift Card, aimed at expanding their market reach and enhancing growth prospects.
The most recent analyst rating on (FLD) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on Fold Holdings stock, see the FLD Stock Forecast page.
More about Fold Holdings
Fold Holdings, Inc. (NASDAQ: FLD) is the first publicly traded Bitcoin financial services company, offering products like the Fold App, Fold Card, Fold Credit Card, and Fold Bitcoin Gift Card. The company focuses on integrating Bitcoin into everyday financial experiences, bridging traditional finance with a Bitcoin-powered future.
Average Trading Volume: 259,466
Technical Sentiment Signal: Sell
Current Market Cap: $196.9M
See more data about FLD stock on TipRanks’ Stock Analysis page.