secwatch.observer — SEC 8-K summary
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Issuer:     Fold Holdings, Inc. (FLD)
CIK:        0001889123
Form:       8-K
Filed at:   2025-05-15T23:59:59+00:00
Accession:  0000950170-25-072655
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1889123/000095017025072655/0000950170-25-072655-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1889123/000095017025072655/ck0001889123-20250515.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-072655

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer