Fold Holdings, Inc. (FLD) received a notice under Rule 144 for a planned sale of its common stock by William Reeves. The planned sale relates to 9,619 shares of common stock associated with a restricted stock vesting event on 08/17/2026, classified as compensation from the issuer. The securities are held at Fidelity Brokerage Services LLC and are listed on NASDAQ. The filer also reports a series of prior common stock sales over the past three months in May, June, July, and August 2026, and notes that the current sale includes shares needed to cover a tax obligation from the settlement of a vested equity award distribution.
Thomas Dickman filed a notice of proposed sale of 2,884 shares of common stock of FLD through Fidelity Brokerage Services LLC on 08/17/2026, with the shares listed on NASDAQ. The filing also lists prior sales of small amounts of common stock between 05/20/2026 and 08/03/2026 at various prices per share.
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 reported second quarter 2026 results for the period ended June 30, 2026. Revenue was $6.1 million, down from $8.2 million a year earlier. The company recorded a net loss of $9.7 million, compared with net income of $13.4 million in the prior-year quarter, and an Adjusted EBITDA loss of $5.5 million.
Fold continues to focus on its bitcoin-linked financial services platform, including debit and credit cards, bill payment and a bitcoin rewards ecosystem. Total transaction volume in the quarter was $165 million, and the platform had more than 87,000 verified accounts, adding over 1,000 during the quarter. The Fold Credit Card remained in early access with over 2,000 cardholders, more than double the prior quarter.
On the balance sheet, cash and cash equivalents increased to $28.4 million as of June 30, 2026, while digital assets held in the investment treasury declined to $11.4 million, reflecting monetization of part of the bitcoin treasury. Total liabilities fell to $21.2 million from $90.5 million at year-end 2025, including elimination of approximately $20 million of secured debt and about $145 thousand of associated monthly interest expense. Bitcoin investment treasury holdings were 194 BTC as of June 30, 2026.
Fold Holdings, Inc. announced a strategic partnership with Lead Bank, an FDIC-insured institution that will support Fold customer accounts, deposits, withdrawals and bitcoin trading as the company develops its bitcoin-focused financial services platform.
The new banking relationship is expected to enable expanded account functionality, with phased rollout of features such as passthrough bitcoin purchases funded from FBO balances, ACH origination and same-day ACH, FedWire and FedNow transfers with 24/7/365 instant withdrawals, higher deposit and withdrawal limits, direct deposit with early fund availability, auto-stack bitcoin purchases from external accounts, and accounts with routing and account numbers. Fold plans to begin transitioning customer accounts to Lead Bank later this year while continuing to enhance the Fold App and related products.
Fold Holdings, Inc. Chief Financial Officer Repass Wolfe exercised and settled 4,195 restricted stock units into an equal number of shares of common stock on July 31, 2026. On August 3, 2026 he sold 1,180 common shares at $0.47 per share to cover tax withholding obligations under a mandated "sell to cover" arrangement, which footnotes state was not a discretionary transaction. The RSU awards were originally converted in connection with the July 24, 2024 business combination under the "Merger Agreement" with Legacy Fold.
Fold Holdings, Inc. reported equity transactions by Chief Technology Officer Thomas J. Dickman. On August 3, 2026 he sold 5 shares of common stock at $0.47 per share solely to cover tax withholding obligations from recently vested restricted stock units under a mandated “sell to cover” arrangement. On July 31, 2026, 17 restricted stock units vested and converted on a one-for-one basis into 17 shares of common stock, leaving 224 restricted stock units outstanding, which arose from the company’s business combination completed under a prior merger agreement.
Fold Holdings Chief Executive Officer William Brian Poppic Reeves, also a 10% owner, had 12,622 restricted stock units convert one-for-one into common stock on July 31, 2026, from merger-related awards. On August 3, 2026, he sold 5,082 common shares at $0.47 in issuer-mandated “sell to cover” transactions to satisfy tax withholding obligations, which the footnotes state were not discretionary. These transactions were reported outside a Rule 10b5-1 trading plan.
William Reeves filed to sell common stock of FLD under Rule 144. The planned sale relates to 5,082 shares of common stock that vested as restricted stock on July 31, 2026 as compensation from the issuer and are listed on NASDAQ.
The filing also lists prior open-market sales of common stock during May–July 2026, including 5,537 shares on May 4, 2026 for an aggregate value of 7,873.61 and 9,681 shares on May 18, 2026 for an aggregate value of 12,008.31.
Wolfe Repass submitted a notice related to potential sales of common stock of FLD. The filing lists a proposed transaction involving 1,180 common shares, connected with restricted stock vesting dated July 31, 2026, and a proposed sale date of August 3, 2026 on NASDAQ. It also details several prior sales of common stock by Wolfe Repass over the preceding three months, including multiple transactions in May, June, and July 2026 with specified share amounts and total consideration.