Fold's stock price surged over 30% after its listing on Nasdaq
Feb 19, 2025 23:48:10
according to CoinDesk, Bitcoin rewards financial services company Fold Holdings (FLD) successfully went public on Nasdaq on February 19, 2025, through a SPAC merger with FTAC Emerald Acquisition Corp. In the early stages of trading, FLD's stock price surged over 30%, breaking above $13, but later fell back to around $11.
It is reported that Fold is the latest publicly traded company to hold Bitcoin on its balance sheet, currently holding 1,000 Bitcoins, valued at approximately $96 million.