Business
Fold Holdings, Inc. (NASDAQ: FLD) Announces Fourth Quarter and Full Year 2025 Results
2025 Revenue: $31.8 million, 34% YoY increase2025 Transaction Volumes of $960 million, 46% YoY increaseLaunch of Fold Bitcoin Credit Card and Enterprise
About this update from Fold Holdings, Inc.
[{"type":"text","content":"2025 Revenue: $31.8 million, 34% YoY increase2025 Transaction Volumes of $960 million, 46% YoY increaseLaunch of Fold Bitcoin Credit Card and Enterprise ServicesRetired convertible notes, Streamlined capital for growth PHOENIX, March 17, 2026 (GLOBE NEWSWIRE) -- Fold Holdings, Inc. (NASDAQ: FLD) (“Fold”, “we”, or “our”), the first publicly traded bitcoin financial services company, today announced financial results for the fourth quarter and full year ended December 31, 2025. FY 2025 Financial Highlights Revenue: $31.8 million; 34% YoY increaseOperating Loss: ($27.7) millionAdjusted EBITDA2 (Loss): ($17.2) millionLoss Per Share: ($1.65) per shareAdjusted EBITDA (Loss) Per Share2: ($0.41) per shareBitcoin Investment Treasury Holdings1: 1,527 BTC FY 2025 Key Operating Metrics Total Transaction Volume: $960 million; 46% YoY increaseTotal Verified Accounts: ~84,000, +13,000 new in the year Q4 2025 Financial Highlights Revenue: $9.1 million; 8% YoY increaseOperating Loss: ($6.0) millionAdjusted EBITDA2 (Loss): ($4.1) million Q4 2025 Key Operating Metrics Total Transaction Volume: $215 million; 3% YoY decreaseTotal Verified Accounts: ~84,000, +2,000 new in the quarter CEO Commentary “We closed our first full year as a public company with strong execution against the goals we set coming into 2025,” said Fold Chairman and CEO Will Reeves. “In the fourth quarter, revenue was $9.1 million, up 8.2% year-over-year, and for full year 2025 revenue was $31.8 million, up 34% year-over-year. We continued to add customers and expand our platform while building the foundation to scale a Bitcoin-native financial services ecosystem across multiple interconnected product lines.” Mr. Reeves continued, “The most important milestone reached since we last spoke was the launch of the Fold Bitcoin Rewards Credit Card, which began last week with a select launch of the card. The internal team members who worked so hard to bring the card to life were the first to be underwritten and receive their credit lines. This is expected to be followed by a rollout to the loyal customers and fans at the top of our waitlist in the near future. The credit card is a product we believe can have a significant impact on Fold. The card offers up to 4% back on purchases with no categories, and up to 10% back through our rewards network across leading brands, and it is powered b...