---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-072655"
form_type: "8-K"
ticker: "FLD"
cik: "0001889123"
company_name: "Fold Holdings, Inc."
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T05:50:58.110123+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fold Q1 revenue $7.1M (+44% YoY); net loss $48.9M; BTC holdings up 50% to 1,490

## Summary
- Revenue of $7.1M, up 44% YoY; GAAP net loss $(48.9)M, or $(1.92) per share.
- Adjusted EBITDA loss $(4.2)M, or $(0.17) per share; FY2025 revenue guidance unchanged at $61.6M.
- Bitcoin treasury 1,490 BTC valued at ~$150M, a 50% increase from Q4 2024.
- Total transaction volume $250M (+67% YoY); active accounts 600k; new accounts up 300% YoY.
- Launched Bitcoin Gift Card with planned nationwide rollout; credit card waitlist at 75k.

## SEC filing metadata
- accession: 0000950170-25-072655
- form_type: 8-K
- ticker: FLD
- cik: 0001889123
- company_name: Fold Holdings, Inc.
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1889123/000095017025072655/0000950170-25-072655-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1889123/000095017025072655/ck0001889123-20250515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-072655
- JSON: https://secwatch.observer/filing/0000950170-25-072655.json
- Plain text: https://secwatch.observer/filing/0000950170-25-072655.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.