Fold Holdings, Inc.
Fold Holdings (NASDAQ: FLD) said it has started rolling out its Fold Bitcoin Credit Card to a portion of its waitlist and began shipping physical cards to active holders, with new applicants receiving cards after approval. The Visa network card, powered by Stripe Issuing, offers up to 4% bitcoin back on eligible purchases.
Fold Holdings CEO William Brian Poppic Reeves sold 8,698 shares of FLD on May 22 at an average $1.15, raising about $10,002.70, to cover tax withholding tied to equity vesting, according to an SEC filing. After the sale, he held 5,492,368 shares. The article also notes prior sales in May and Fold’s recent earnings miss.
Fold Holdings CEO William Brian Poppic Reeves sold 8,698 shares of FLD on May 22 at an average $1.15 for $10,002.70, to cover tax withholding tied to equity vesting, according to an SEC filing. He still directly owns 5,492,368 shares. The article also notes FLD’s May 12 results: EPS -$0.59 vs -$0.16 expected, revenue $5.59M vs $10.00M.
