Public company Fold Holdings signs a $250 million equity purchase agreement to expand its Bitcoin reserves

according to Globenewswire, Nasdaq-listed Bitcoin financial services company Fold Holdings has signed a $250 million equity financing agreement, with the funds primarily intended to increase its Bitcoin reserves.

According to the terms of the agreement, Fold can independently decide to issue common stock in batches to raise funds after meeting SEC registration requirements, with a maximum financing amount not exceeding $250 million. Cohen & Company Capital Markets is acting as the exclusive placement agent for this financing.