Fold Holdings Lands $250M Mega-Deal to Supercharge Bitcoin Treasury Strategy

Bitcoin just got a quarter-billion-dollar corporate endorsement—and Wall Street''s spreadsheet jockeys are scrambling to adjust their models.

Fold Holdings'' monster $250M treasury play signals a seismic shift in corporate crypto strategy. No more timid dips—this is a full-plunge into Bitcoin''s liquidity deep end.

The deal structure? Classic crypto-opaque. But when traditional finance offers you Monopoly money at 0% interest, why not park it in the hardest asset humans have ever created?

One hedge fund analyst muttered: ''They''ll either be hailed as visionaries or become a cautionary PowerPoint slide.'' Place your bets.

TLDR

• Fold secures $250M equity facility to grow BTC treasury, pending SEC approval.

• Stock surged 21% intraday closed up 4% after deal announcement.

• Facility gives Fold full control over timing and size of stock issuances.

• Funds will support Fold’s bitcoin-first strategy and existing 1,488 BTC holdings.

• Fold aims to expand its role as a bitcoin-native financial services firm.

Fold Holdings, Inc. (FLD) signed an equity purchase deal worth $250 million to strengthen its Bitcoin reserves. The agreement gives Fold control over issuing and selling new shares, with the funding primarily focused on growing its BTC treasury. The announcement triggered an early 21% jump in the company’s stock before closing up by 4%.

Fold Secures $250 Million Equity Purchase Facility Intended to Expand bitcoin Treasury Holdings pic.twitter.com/W64stgWJah

— FOLD BITCOIN (@fold_app) June 17, 2025

The facility enables Fold to issue stock at its discretion, subject to regulatory approvals. The company must file a registration statement with the U.S. Securities and Exchange Commission (SEC) before it can draw from the facility. Cohen & Company Capital Markets, part of J.V.B. Financial Group, acted as the exclusive placement agent for the transaction.

Fold aims to use the funds to increase its bitcoin holdings, positioning itself alongside other public firms adopting a BTC-focused strategy. The Arizona-based company currently holds  1,488 BTC, valued at $157 million based on current market prices. The MOVE comes as demand for bitcoin treasury strategies grows among publicly traded firms.

$250 Million Facility Gives Fold Control and Flexibility

Fold secured the right to raise $250 million through a common stock issuance agreement structured as a private placement. This facility provides financial flexibility, as Fold controls both the timing and size of each drawdown. However, the use of the facility depends on the effectiveness of an SEC registration for the resale of the stock.

The structure of the facility ensures Fold is not obligated to issue shares unless market conditions are favorable. The company can manage dilution risk while securing capital to support its bitcoin strategy. The agreement outlines certain terms and restrictions, but it largely places authority in Fold’s hands.

Fold indicated its intention to submit the filing promptly. Once effective, the company can initiate capital draws in line with its corporate objectives. The mechanism reflects a growing preference for flexible equity facilities in the crypto-finance sector.

Growing Bitcoin Holdings at the Center of Fold’s Strategy

Fold already maintains one of the larger corporate bitcoin treasuries among public firms, holding over 1,480 BTC. The company previously signed a convertible note agreement to purchase 475 more BTC but has not completed that acquisition yet. With the new equity facility, Fold signals intent to resume or expand bitcoin purchases soon.

Bitcoin remains the firm’s Core reserve asset, with the strategy modeled after similar moves by MicroStrategy and 21 Capital. Fold views bitcoin as a superior store of value compared to cash or traditional assets. The company’s broader service offerings also reflect a deep integration with bitcoin-based financial tools.

Fold launched in 2019 and has since evolved from a simple bitcoin wallet into a full financial services platform. It offers the Fold Card, a debit product with BTC rewards, aligning with its focus on digital asset adoption. The new facility reinforces Fold’s market position as a leading bitcoin-native public financial company.