---
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"
generated_at: "2026-05-12T21:35:06.215384+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fold Q1 revenue $5.6M, down 21% YoY; net loss $29.2M; credit card at 1,000 units

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-219369
- JSON: https://secwatch.observer/filing/0001193125-26-219369.json
- Plain text: https://secwatch.observer/filing/0001193125-26-219369.txt

## Key facts
- Earnings Releases
  Fold Holdings, Inc. reported the first quarter ended March 31, 2026 results: revenue $5.6 million.
  - Period: the first quarter ended March 31, 2026
  - Revenue: $5.6 million
  - Result: reported results
  source text: Fold Holdings, Inc. (NASDAQ: FLD) Announces First Quarter 2026 Results Revenues: $5.6 million, 21.1% YoY decrease
  evidence_url: https://www.sec.gov/Archives/edgar/data/1889123/000119312526219369/0001193125-26-219369-index.htm

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