---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-25-004192"
form_type: "8-K/A"
ticker: "FLD"
cik: "0001889123"
company_name: "Fold Holdings, Inc."
filed_at: "2025-03-28T23:59:59+00:00"
generated_at: "2026-05-24T03:21:53.289671+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Fold Holdings reports 2024 net loss of $65.1M on $23.8M revenue; large SAFE charges

## Summary
- Net loss widened to $65.1M in 2024 from $7.2M in 2023; revenue grew 10% to $23.8M.
- Total assets $125.7M, cash $18.3M; accumulated deficit $101.3M as of Dec 31, 2024.
- SAFE liability $171.1M; $88.4M non-cash loss from change in fair value of SAFEs.
- Convertible note of $11.8M issued; 700 bitcoin in investment treasury ($68.3M at merger close).
- Merger with FTAC Emerald closed Feb 14, 2025; stock now trades on Nasdaq as FLD.

## SEC filing metadata
- accession: 0001013762-25-004192
- form_type: 8-K/A
- ticker: FLD
- cik: 0001889123
- company_name: Fold Holdings, Inc.
- filed_at: 2025-03-28T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1889123/000101376225004192/0001013762-25-004192-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1889123/000101376225004192/ea0235197-8ka1_foldhold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-25-004192
- JSON: https://secwatch.observer/filing/0001013762-25-004192.json
- Plain text: https://secwatch.observer/filing/0001013762-25-004192.txt

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