---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-226833"
form_type: "8-K"
ticker: "FLD"
cik: "0001889123"
company_name: "Fold Holdings, Inc."
filed_at: "2025-10-01T23:59:59+00:00"
generated_at: "2026-05-17T05:08:34.986528+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Fold Holdings secures up to $45M bitcoin-backed revolving credit facility at 6.5% from Two Prime

## Summary
- Revolving facility with aggregate principal up to $45M; first $45M advance matures Oct 1, 2026.
- Interest at 6.5% per annum on 360-day basis; no minimum loan amount; prepayable without penalty.
- Collateralized by bitcoin at 250% initial level; margin call at 175%; automatic liquidation trigger below threshold.
- Lender Two Prime has first-priority security interest but no rehypothecation; custodian BitGo Trust Company.
- Proceeds for working capital and general corporate purposes; non-dilutive capital preserving bitcoin treasury optionality.

## SEC filing metadata
- accession: 0001193125-25-226833
- form_type: 8-K
- ticker: FLD
- cik: 0001889123
- company_name: Fold Holdings, Inc.
- filed_at: 2025-10-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1889123/000119312525226833/0001193125-25-226833-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1889123/000119312525226833/fld-20251001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-226833
- JSON: https://secwatch.observer/filing/0001193125-25-226833.json
- Plain text: https://secwatch.observer/filing/0001193125-25-226833.txt

## Key facts
- Debt Financings
  Fold Holdings, Inc. incurred revolving credit of up to $45,000,000 with Two Prime Lending Limited at 6.5% per annum maturing October 1, 2026.
  - Instrument: revolving credit
  - Principal: up to $45,000,000
  - Counterparty: Two Prime Lending Limited
  - Rate: 6.5% per annum
  - Maturity: October 1, 2026
  - Event: incurrence
  source text: forth in individually executed loan term sheets (each, a “Loan Term Sheet”). Facility and economics: The Facility provides for loans in an aggregate principal amount of up to $45,000,000, with no minimum loan amount required. Any amounts borrowed under this Facility bear interest at a rate of 6.5% per annum, accruing daily on a 360‐day year basis and payable in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1889123/000119312525226833/0001193125-25-226833-index.htm

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