Fold Holdings signs $250 million equity purchase agreement to expand Bitcoin reserves

Nasdaq-listed Bitcoin financial services firm Fold Holdings has signed a $250 million equity financing agreement, with the funds primarily allocated to increasing its Bitcoin reserves. Under the terms of the agreement, Fold may independently decide to issue common shares in multiple tranches to raise capital, provided SEC registration requirements are met, with the total amount not exceeding $250 million. Cohen & Company Capital Markets is serving as the exclusive placement agent for this financing.