{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-219369","form_type":"8-K","ticker":"FLD","cik":"0001889123","company_name":"Fold Holdings, Inc.","filed_at":"2026-05-12T20:05:20+00:00","discovered_at":"2026-05-12T20:07:00.310971+00:00","generated_at":"2026-05-12T21:35:06.215384+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Fold Q1 revenue $5.6M, down 21% YoY; net loss $29.2M; credit card at 1,000 units","bullets":["Revenue $5.6M (-21.1% YoY); transaction volume $172M (-32% YoY); net loss $29.2M.","Adjusted EBITDA loss $5.8M; loss per share $0.59; Bitcoin treasury 826 BTC.","Verified accounts ~85,000 (+2,000); Fold Bitcoin Credit Cards >1,000 in circulation.","Restructuring gift card fees to reduce friction and expand distribution; Kroger partnership continues.","CEO cites lower Bitcoin prices pressuring results; but sees long-term value."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-219369","json":"https://secwatch.observer/filing/0001193125-26-219369.json","markdown":"https://secwatch.observer/filing/0001193125-26-219369.md","text":"https://secwatch.observer/filing/0001193125-26-219369.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1889123/000119312526219369/0001193125-26-219369-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1889123/000119312526219369/fld-20260512.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-12T21:35:06.215384+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"57a570e3c553d42430c3aea7f9c6dbf5635b0d0f","claim":"Fold Holdings, Inc. reported the first quarter ended March 31, 2026 results: revenue $5.6 million.","evidence_excerpt":"Fold Holdings, Inc. (NASDAQ: FLD) Announces First Quarter 2026 Results Revenues: $5.6 million, 21.1% YoY decrease","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1889123/000119312526219369/0001193125-26-219369-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2026"},{"label":"Revenue","value":"$5.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}