Fold Holdings, a U.S.-based Bitcoin financial services company, has significantly bolstered its Bitcoin reserves by acquiring an additional 475 BTC. This latest purchase increases Fold’s total holdings to over 1,485 BTC, marking a nearly 50% increase in its Bitcoin treasury.
Joining the Elite: Fold Now in the Top 10 BTC-Holding Companies
With this acquisition, Fold Holdings now ranks among the top 10 U.S. public companies with the largest Bitcoin reserves. The company joins heavyweights like MicroStrategy, Tesla, and Marathon Digital, further solidifying Bitcoin’s role as a strategic corporate asset.
Here’s a snapshot of the top U.S. public companies by Bitcoin holdings:
Rank | Company | BTC Holdings | Approx. Value (at $65K/BTC) |
---|---|---|---|
1 | MicroStrategy | 193,000 BTC | $12.55 billion |
2 | Tesla | 10,725 BTC | $697 million |
3 | Marathon Digital | 16,930 BTC | $1.10 billion |
4 | Coinbase | 9,000 BTC | $585 million |
5 | Hut 8 Mining | 7,200 BTC | $468 million |
6 | Riot Platforms | 7,000 BTC | $455 million |
7 | Block (Square) | 8,100 BTC | $526 million |
8 | Galaxy Digital | 6,700 BTC | $435 million |
9 | CleanSpark | 5,400 BTC | $351 million |
10 | Fold Holdings | 1,485 BTC | $96.5 million |
(Data based on latest corporate filings and Bitcoin’s market price as of March 2025.)
How Fold Financed the Bitcoin Buy
Fold didn’t just dip into its cash reserves to make this purchase. Instead, the company issued a convertible note at a conversion price of $12.50 per share, a massive 100% premium over its stock’s closing price on March 5, 2025.
Key financial details:
Factor | Details |
BTC Acquired | 475 BTC |
Total BTC Holdings | 1,485 BTC |
Financing Method | Convertible Note |
Conversion Price | $12.50 per share |
Premium Over Stock Price | 100% |
Why This Move Matters
Fold CEO Will Reeves is clear about why the company is betting big on Bitcoin:
“Maintaining a significant Bitcoin treasury isn’t just about financial gain—it strengthens our ability to support Bitcoin-native financial products.”
With Bitcoin adoption rising among institutions, Fold’s decision aligns with a broader trend of companies diversifying into BTC as a treasury asset.
Market Reaction: A Bullish Signal?
Unsurprisingly, the market responded positively. Fold’s stock saw an uptick, with investors cheering the company’s move into Bitcoin. As corporate adoption of BTC gains traction, companies that strategically increase their Bitcoin exposure are seeing stronger market confidence.
Bitcoin Adoption Among Public Companies: A Growing Trend
Fold Holdings’ move is part of a larger wave of corporate Bitcoin adoption. With the recent approval of Bitcoin ETFs and growing institutional interest, more public companies are treating Bitcoin as a legitimate treasury reserve asset.
Final Thoughts
Fold Holdings’ decision to increase its Bitcoin holdings isn’t just a headline-grabber—it’s a strategic shift toward the future of finance. With Bitcoin adoption among corporations accelerating, Fold’s bold move signals strong confidence in BTC’s long-term value.
As the Bitcoin corporate gold rush continues, one thing’s clear: companies like Fold aren’t just holding Bitcoin—they’re betting on its future dominance in global finance.
FAQs
What is Fold Holdings?
Fold Holdings is a U.S.-based financial services company focused on Bitcoin-native financial products and services.
How much Bitcoin does Fold Holdings own?
After its latest purchase, Fold Holdings now owns 1,485 BTC.
Why did Fold Holdings buy more Bitcoin?
Fold sees Bitcoin as a strategic financial asset that strengthens its treasury and aligns with its mission to integrate Bitcoin into financial services.
How did Fold finance the purchase?
The company issued a convertible note at a 100% premium over its stock price, raising capital to buy more Bitcoin.
How does this affect Fold’s stock?
The move boosted market confidence, leading to a notable increase in Fold’s stock price.
Glossary of Key Terms
Bitcoin (BTC): A decentralized digital currency without a central authority, enabling peer-to-peer transactions.
Convertible Note: A financial instrument that allows investors to convert debt into equity at a predetermined price.
Treasury Reserve Asset: An asset held by a company to manage liquidity and long-term financial stability.
Premium Pricing: Setting a price above the market value, often reflecting high confidence in an asset’s future value.
Bitcoin-Native Financial Products: Financial services built specifically to leverage Bitcoin’s technology and monetary properties.