The post Fold Expands Bitcoin Holdings with 475 BTC Treasury Addition appeared on BitcoinEthereumNews.com.

Fold added 475 BTC to its treasury, increasing total holdings to over 1,485 BTC while using convertible bonds to raise capital. Fold is applying for a Nasdaq listing under the ticker “FLD” to improve transparency and attract institutional investors. Bitcoin-based financial services company Fold has just added 475 BTC, worth $41 million, to its treasury. With the addition, Fold now owns more than 1,485 BTC, currently worth nearly $130 million. This move is not merely a collection of digital assets—it’s a carefully determined financial strategy to boost the company’s position in the ever-growing crypto market. 💥BREAKING: #BITCOIN COMPANY FOLD JUST BOUGHT 475 $BTC WORTH $41M THEY NOW HOLD 1,485 $BTC VALUED AT $130M THIS IS BULLISH! pic.twitter.com/THARZTIFbC — Crypto Rover (@rovercrc) March 9, 2025 Convertible Bonds and Nasdaq Dreams: Fold’s Next Big Steps Fold appears to be adopting an approach that MicroStrategy has already implemented. The corporation is issuing convertible bonds to raise capital to acquire Bitcoin. In the world of investing, this is a pretty bold strategy. Convertible bonds allow investors to purchase bonds that can be converted into shares at a certain price in the future. In this way, Fold is not only adding Bitcoin to its balance sheet but also expanding its access to capital without having to sell shares on the open market. On the other hand, Fold has other major plans. CNF reports that the company is applying to list its shares on the Nasdaq under the ticker symbol “FLD.” This step will offer up wider access to institutional funding and boost transparency of its business to investors. Fold and Visa: Changing the Way People Earn Bitcoin Bitcoin as an investment is nothing new, but Fold is trying a fresh approach by presenting a means to earn Bitcoin from everyday activities. In February, the company…

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Filed under: News - @ March 9, 2025 11:23 am