LATEST: Publicly Traded Fold Holdings Acquires 10 Bitcoin for $875,000 Investment

Fold Holdings Inc. (NASDAQ: FLD) a leading bitcoin financial services firm announced its strategic acquisition of an additional 10 bitcoins. The company secured these assets at an average price of about $87,500 per bitcoin covering all fees and expenses. This move highlights Fold’s ongoing commitment to bitcoin as a principal long-term asset and an integral part of its treasury reserve.

The purchase positions Fold among the top 15 corporate bitcoin treasuries in the United States and follows its recent Nasdaq listing under the ticker “FLD”. This listing offers investors a chance to share in Fold’s vision for a bitcoin-centric savings world.

CEO Will Reeves expressed the company’s persistent dedication to integrating bitcoin into both business and treasury strategies. Fold anticipates further increasing its bitcoin holdings continuing to capitalize on market opportunities. Reeves affirmed their belief in bitcoin’s long-term value and Fold’s plan to pioneer the advancement of bitcoin-powered financial solutions.

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