Business
Stonegate Capital Partners Updates Coverage on Fold Holdings Inc. (FLD) Q425
Dallas, Texas--(Newsfile Corp. - March 23, 2026) - Fold Holdings Inc. (NASDAQ: FLD): Stonegate Capital Partners Updates Coverage on Folding Holdings Inc. (NASDAQ: FLD). Fold exited FY25 with solid momentum, delivering revenue of $31.8M (+34% y/y) on transaction volume of $960M (+46% y/y) and ending the year with more than 84K (+20% y/y) verified accounts, including ~13K net adds. While profitability remained pressured by ongoing investment, with operating loss of $(27.7)M and adj....
About this update from Bitcoin
[{"type":"text","content":"Dallas, Texas--(Newsfile Corp. - March 23, 2026) - Fold Holdings Inc. (NASDAQ: FLD): Stonegate Capital Partners Updates Coverage on Folding Holdings Inc. (NASDAQ: FLD). Fold exited FY25 with solid momentum, delivering revenue of $31.8M (+34% y/y) on transaction volume of $960M (+46% y/y) and ending the year with more than 84K (+20% y/y) verified accounts, including ~13K net adds. While profitability remained pressured by ongoing investment, with operating loss of $(27.7)M and adj. EBITDA of $(17.2)M, the year still reflected continued platform scaling, broader product reach, and improving monetization. In 4Q25, revenue rose 8% y/y to $9.1M, though operating KPIs softened, as transaction volume declined 3% y/y to $215M and verified account growth moderated to ~2K net adds amid weaker bitcoin market conditions, which we view as more market-driven than structural.","length":873,"tagName":"p"},{"type":"text","content":"To view the full announcement, including downloadable images, bios, and more, click here.","length":89,"tagName":"p"},{"type":"text","content":"Key Takeaways:","length":14,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Fold exited FY25 with real scale momentum, as 34% revenue growth and 46% TPV growth validated platform traction.","length":112,"tagName":"p"}]},{"val":[{"type":"text","content":"The credit card, gift cards, and Fold for Business meaningfully expand monetization, engagement, and customer acquisition heading into FY26.","length":140,"tagName":"p"}]},{"val":[{"type":"text","content":"A sizable BTC treasury and flexible balance sheet give Fold added liquidity to support execution as new products scale.","length":119,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":371,"olType":false},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":324,"height":128,"url":"https://media.zenfs.com/en/newsfile_64/0238d29f96b4091edd9ba940317d26c8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/sfqsuHOb94Ps_S3uaOdL9A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTI1Mw--/https://media.zenfs.com/en/newsfile_64/0238d29f96b4091edd9ba940317d26c8","width":324,"height":128},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/sfqsuHOb94Ps_S3uaOdL9A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTI1Mw--/https://media.zenfs...