Company: FLDDW
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0000950170-25-072851
Chunk: 44

Company: Fold Holdings, Inc.
Filing Date: 2025-05-15
Form: 424B3
Chunk 44
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130.3 million based on the market price of one bitcoin on the Coinbase exchange at 11:59:59 p.m. UTC time on March 31, 2025, which was approximately $82.5 thousand. Fold’s purpose for holding bitcoin in treasury is twofold: (1) to fulfill bitcoin rewards to customers in accordance with the terms and conditions of Fold’s user agreements (“Rewards Treasury”); and (2) as a treasury asset with the intention to hold as a long term investment (“Investment Treasury”). The following is a summary of Fold’s bitcoin held in treasury as of the dates shown:

|                              |     |   | March 31, 2025 |     |   | December 31, 2024 |
|:-----------------------------|:----|:--|---------------:|:----|:--|------------------:|
| Rewards treasury (USD)       |     | $ |      7,365,544 |     | $ |         8,569,651 |
| Investment treasury (USD)    |     |   |    122,957,753 |     |   |        93,568,700 |
| Total bitcoin treasury (USD) |     | $ |    130,323,297 |     | $ |       102,138,351 |

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|                              |     |     | March 31, 2025 |     |     | December 31, 2024 |
|:-----------------------------|:----|:----|---------------:|:----|:----|------------------:|
| Rewards treasury (BTC)       |     |     |             89 |     |     |                92 |
| Investment treasury (BTC)    |     |     |          1,490 |     |     |             1,002 |
| Total bitcoin treasury (BTC) |     |     |          1,579 |     |     |             1,094 |

We believe existing macro conditions to be favorable towards adding additional bitcoin to our balance sheet at current market prices and we will continue to consider additional bitcoin accumulation opportunities over the near term. We have not set any specific target for the amount of bitcoin we seek to hold. We plan to fund further bitcoin acquisitions primarily through issuances of common stock and a variety of financial instruments, including debt, convertible notes, preferred stock, or other structures as may be considered appropriate for our business. Our Investment Treasury strategy