EX-99.1 2 fld-ex99_1.htm EX-99.1 EX-99.1 Fold Holdings, Inc. (NASDAQ: FLD) Announces First Quarter 2026 Results Revenues: $5.6 million, 21.1% YoY decrease Transaction Volumes down 32% YoY More than 1,000 Fold Bitcoin Credit Cards in Circulation Restructuring fees on Bitcoin Gift Card to Drive Distribution PHOENIX - May 12, 2026 Fold Holdings, Inc. (NASDAQ: FLD) (“Fold”, “we”, or “our”), the first publicly traded bitcoin financial services company, today announced financial results for the first quarter ended March 31, 2026. Q1 2026 Financial Highlights ● Revenue: $5.6 million; 21.1% YoY decrease ● Net Loss: ($29.2) million ● Adjusted EBITDA2 (Loss): ($5.8) million ● Loss Per Share: ($0.59) per share ● Adjusted EBITDA (Loss) Per Share2: ($0.12) per share ● Bitcoin Investment Treasury Holdings1: 826 BTC Q1 2026 Key Operating Metrics ● Total Transaction Volume: $172 million; 32% YoY decrease ● Total Verified Accounts: nearly 85,000, added close to 2,000 new verified accounts in the quarter CEO Commentary “Q1 was a challenging quarter across the broader Bitcoin industry. Lower Bitcoin prices pressured transaction volumes, trading activity, and consumer engagemen…
Open exhibit ↗Current Report · Items 2.02, 7.01, 9.01 · 8-K
Fold Holdings, Inc.
FLDNASDAQEQUITYCurrent
Results of Operations and Financial Condition · Regulation FD Disclosure
Item 2.02. Results of Operations and Financial Condition. On May 12, 2026, Fold Holdings, Inc. issued a press release announcing its financial and operational results for the first quarter ended March 31, 2026. A copy of the press release is furnished as
Company context
Fold (NASDAQ: FLD) is the first publicly traded bitcoin financial services company, making it easy for individuals and businesses to earn, save, and use bitcoin. Fold has built a financial services platform that operates across both U.S. dollars and bitcoin, and is designed to connect these systems in a seamless manner. Fold’s consumer offerings include an FDIC-insured checking account, a Visa debit card (the "Fold Debit Card"), a Visa credit card (the "Fold Credit Card"), bill payment services, a bitcoin gift card, and an extensive catalog of merchant reward offers. The Company also offers various forms of bitcoin buying and selling with low-to-zero fees and insured custody.