Cryptocurrency firm Fold Holdings has made its debut on the Nasdaq stock exchange after merging with a special purpose acquisition company (SPAC). The company, which holds 1,000 Bitcoins worth $96 million, saw its shares surge by 30% in early trading before pulling back. Fold is now among the publicly traded companies holding Bitcoin on their balance sheet, joining others like Michael Saylor’s Strategy and Semler Scientific.
Source: https://www.coindesk.com/markets/2025/02/19/bitcoin-rewards-app-fold-makes-wall-street-debut-rallying-30