Bitcoin rewards financial services firm Fold Holdings (FLD) debuted on the Nasdaq stock exchange on Wednesday with shares surging higher in early action before pulling back.
The firm went public via business merger with FTAC Emerald Acquisition Corp. (FTAC), a publicly traded special purpose acquisition company (SPAC). FLD jumped more than 30% above $13 in the early minutes of trading before pulling back to the $11 area.
Fold is the latest addition of publicly traded companies with bitcoin (BTC) on its balance sheet, following the footsteps of Michael Saylor’s Strategy and smaller companies like Semler Scientific and Metaplanet. Fold holds 1,000 BTC, worth $96 million at current prices, according to public filings.
Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
Long term holder trends suggest a maturing bear market, yet extended consolidation could test investor…
Bitcoin’s recent price structure has not been easy to sit through. The price action has…
Bitcoin Magazine Metaplanet Surpasses MARA Holdings to Become Third-Largest Corporate Bitcoin Holder Tokyo-listed Metaplanet has…
Tokenized Brent oil futures on Hyperliquid generated about $46.6 million in liquidations in 24 hours,…
Bitcoin had initially lost the $100,000 level back in November 2025, and since then, the…
Japan-based firm strengthens its position with nearly $400 million purchase, surpassing MARA Holdings in global…