Here are the 10-Q quarterly reports from Fold Holdings, Inc. Warrant (FLDDW) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FLDDW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FLDDW filings page.
Fold Holdings, Inc., a bitcoin- and USD-focused financial services platform, reported lower revenue and continued losses for the quarter and six months ended June 30, 2026. Quarterly revenue was $6.1 million versus $8.2 million a year earlier, producing an operating loss of $7.8 million and a net loss of $9.7 million. For the first half of 2026, revenue was $11.7 million versus $15.3 million in 2025, with a net loss of $38.8 million.
Balance sheet mix changed significantly as bitcoin holdings were monetized and debt was repaid. Total assets fell to $52.5 million from $153.5 million at year-end 2025, as digital assets declined to $15.9 million (271 bitcoin) from $140.5 million (1,606 bitcoin). Cash and cash equivalents increased to $28.4 million, and the company ended the period with no outstanding balance on its $45.0 million Two Prime credit facility and all prior convertible notes extinguished, partially offset by a new $13.0 million related-party note.
Fold had working capital of $17.8 million and an accumulated deficit of $209.8 million. Management cites existing cash, access to the credit facility and a $250 million equity purchase facility, plus remaining digital assets, as sufficient to fund operations for at least one year from the report date, while highlighting ongoing risks tied to bitcoin price volatility, regulatory uncertainty, and Nasdaq listing compliance.
Fold Holdings, Inc. reported a mixed first half of 2025 driven by substantial bitcoin remeasurement gains and heavy financing activity. Total assets rose to $182.1 million from $125.7 million, largely because the Investment Treasury grew to $159.9 million (1,492 BTC). Cash declined to $6.61 million from $18.33 million, while working capital remained positive at $7.8 million.
Net revenue for the quarter ended June 30, 2025 was $8.18 million, up from $5.14 million a year earlier, but the six‑month period produced a net loss of $35.45 million driven by operating losses, a $9.6 million loss on extinguishment of debt, fair value adjustments on convertible instruments, and financing costs. The company has $66.3 million principal outstanding in two convertible notes and a $250 million equity purchase facility available. Management expects existing liquidity sources to fund operations for at least one year.