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Fold Company Posts 2025 Net Loss of $69.6 Million, Launches Bitcoin Credit Card to Seek Expansion
Deep Tide TechFlow News, March 19, According to The Block, Nasdaq-listed Bitcoin financial services company Fold released its full-year 2025 financial report on March 18, 2026. The net loss reached $69.6 million, with annual operating losses expanding to $27.7 million, significantly up from $5.8 million in the same period last year. Meanwhile, the company’s annual revenue grew 34% year-over-year to $31.8 million, total transaction volume increased 46% to $960 million, added 13,000 new customers, and the total verified accounts reached 84,000.
During the reporting period, Fold simplified its balance sheet by repaying two convertible bonds, launched Fold For Business for enterprise clients, and introduced a Bitcoin rewards credit card supported by Visa and Stripe, offering up to 4% BTC cashback. Currently, the company holds 1,527 BTC, and its stock price has fallen 61% since the beginning of the year.