Fold Holdings, Inc. ( (FLD) ) has released its Q2 earnings. Here is a breakdown of the information Fold Holdings, Inc. presented to its investors.
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Fold Holdings, Inc. (NASDAQ: FLD) is a pioneering company in the Bitcoin financial services sector, providing innovative solutions for individuals and businesses to earn, save, and use Bitcoin. The company is recognized for its integration of Bitcoin into everyday financial experiences through products like the Fold App and Fold Card.
In its second quarter of 2025, Fold Holdings reported a significant 59% year-over-year increase in revenue, reaching $8.2 million, and a net income of $13.4 million. The company also saw a substantial rise in new accounts and transaction volumes, with a 233% and 124% increase year-over-year, respectively.
Key financial highlights include an adjusted EBITDA loss of $4.7 million and earnings per share of $0.28. Strategically, Fold Holdings secured a $250 million equity purchase facility to bolster its Bitcoin holdings and support its growth initiatives. The company also launched new products like the Bitcoin Gift Card and expanded its Custody and Trading services.
Looking ahead, Fold Holdings remains committed to enhancing its Bitcoin treasury and expanding its market presence. The company plans to leverage its financial capacity to strengthen Bitcoin holdings and continue executing growth initiatives, aiming to capture a significant share of the gift card market and expand its user base across the United States.