Fold announces 2025 financial report: annual net loss of 69.6 million USD, revenue increased by 34% year-on-year to 31.8 million USD
According to The Block, Nasdaq-listed Bitcoin infrastructure company Fold released its 2025 financial report, expecting a net loss of $69.6 million for the year, with an operating loss widening to $27.7 million, and revenue increasing by 34% year-on-year to $31.8 million.
Adjusted EBITDA loss was $17.2 million, with an adjusted loss per share of $0.41. The company added 13,000 new customers, bringing the total verified accounts to 84,000, and the total transaction volume for the year increased by 46% to $960 million. To simplify its balance sheet, the company paid over $9.6 million to settle two outstanding convertible bonds.
Fold recently launched its enterprise service Fold For Business and a Bitcoin rewards credit card, offering up to 4% BTC cashback. The CEO stated that the credit card will significantly expand the addressable market. Fold currently holds 1,527 Bitcoins, and as of the time of writing, its stock price has dropped 61% year-to-date.
You may also like

What characteristics do the projects delisted by mainstream exchanges have?

Before the $75,000 Gamma level, both bulls and bears are waiting for a signal

Business Opportunities of Tokenized Stocks

In-depth research report on the Resolv protocol hacking incident, who is the final payer?

Crypto Market Sees Large Liquidations: $272 Million in Long Positions Affected
Key Takeaways In the last 24 hours, $272 million worth of contracts were liquidated across the entire crypto…

Whale Increases BTC Shorts and Bets on Crude Oil: A Strategic Crypto Move
Key Takeaways A prominent whale, known as “UnRektCapital,” has strategically escalated its short position in Bitcoin while simultaneously…

Hackers in Brazil Use Fake Google Play Store to Steal Cryptocurrency
Key Takeaways Hackers in Brazil are exploiting fake Google Play Store pages to spread Android malware. Infected devices…

Exchanging 200,000 for nearly 100 million, DeFi stablecoins face another attack

The underlying business agreement of the trillion-dollar Agent economy: Understanding ERC-8183, it's not just about payments, but the future

When Wall Street's ETH begins to "yield": Looking at the asset properties of Ethereum from BlackRock's ETHB

The Power of Agency: The Agentic Wallet and the Next Decade of Wallets

Understanding x402 and MPP in One Article: Two Routes for Agent Payments

Particle Founder: The entrepreneurial insights I have gained the most from in the past year

Huang Renxun's latest podcast transcript: The future of Nvidia, the development of embodied intelligence and agents, the explosion of inference demand, and the public relations crisis of artificial intelligence

OKX Ventures Research Report: AI Agent Economic Infrastructure Research Report (Part 1)

The migration of settlement rights: B18 and the institutional starting point of on-chain banks

From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment

The second half of stablecoins no longer belongs to the crypto circle
What characteristics do the projects delisted by mainstream exchanges have?
Before the $75,000 Gamma level, both bulls and bears are waiting for a signal
Business Opportunities of Tokenized Stocks
In-depth research report on the Resolv protocol hacking incident, who is the final payer?
Crypto Market Sees Large Liquidations: $272 Million in Long Positions Affected
Key Takeaways In the last 24 hours, $272 million worth of contracts were liquidated across the entire crypto…
Whale Increases BTC Shorts and Bets on Crude Oil: A Strategic Crypto Move
Key Takeaways A prominent whale, known as “UnRektCapital,” has strategically escalated its short position in Bitcoin while simultaneously…