Company: FLDDW
Filing Date: 2025-08-11
Form Type: 424B3
Source: 0001213900-25-074298
Chunk: 265

Company: Fold Holdings, Inc.
Filing Date: 2025-08-11
Form: 424B3
Chunk 265
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 |     |            |          — |   |     |         |    (104,868 | ) |
| Remeasurement gain (loss) on bitcoin              |     |          |  5,633,042 |   |     |            | 29,247,576 |   |     |         |  34,880,618 |   |
| Bitcoin held at December 31, 2024                 |     | $        |  8,569,651 |   |     | $          | 93,568,700 |   |     | $       | 102,138,351 |   |

Disbursements of bitcoin represent amounts that were distributed to customers to fulfill customer rewards obligations and satisfy other current liabilities. The remeasurement gain of $34.9 million recognized on the digital assets balance for the year ended December 31, 2024 consisted of a realized gain of $2.8 million and an unrealized gain of $32.1 million. The remeasurement gain of $4.2 million recognized on the digital assets balance for the year ended December 31, 2023 consisted of a realized gain of $0.2 million and an unrealized gain of $4.0 million.

F-20

Fold, Inc.
Notes to Financial Statements 5. PREPAID EXPENSES AND OTHER CURRENT ASSETS Prepaid expenses and other current assets consisted of the following:

|                     |     |   | December 31, 
         2024 |     |   | December 31, 
         2023 |
|:--------------------|:----|:--|-------------:|:----|:--|-------------:|
| Prepaid expenses    |     | $ |      509,547 |     | $ |      370,849 |
| Other receivables   |     |   |      177,528 |     |   |      133,892 |
| Interest receivable |     |   |           25 |     |   |        5,410 |
| Total               |     | $ |      687,100 |     | $ |      510,151 |

6. CUSTOMER REWARDS LIABILITY A reconciliation, in the aggregate, of beginning and ending balances of the Company’s customer rewards liability for the years ended December 31, 2024 and 2023 is as follows:

|                                                         |     | Customer  
 Rewards   
 Liability |            |   |
|:--------------------------------------------------------|