PANews reported on June 17 that, according to Globenewswire, Fold Holdings, a NASDAQ-listed bitcoin financial services company, has signed a $250 million equity financing agreement, and the funds will be mainly used to increase holdings of bitcoin reserves. Under the terms of the agreement, Fold may, in its sole discretion, raise funds up to $250 million through the issuance of common shares in tranches subject to SEC registration requirements. Cohen & Company Capital Markets acted as the exclusive placement agent for the financing.
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BTCHighYieldSuperStableTrading
· 10h ago
BTC is going all in, watch me go all in with BTC, achieving financial freedom.
Public company Fold Holdings has signed a $250 million equity purchase protocol aimed at expanding its Bitcoin reserves.
PANews reported on June 17 that, according to Globenewswire, Fold Holdings, a NASDAQ-listed bitcoin financial services company, has signed a $250 million equity financing agreement, and the funds will be mainly used to increase holdings of bitcoin reserves. Under the terms of the agreement, Fold may, in its sole discretion, raise funds up to $250 million through the issuance of common shares in tranches subject to SEC registration requirements. Cohen & Company Capital Markets acted as the exclusive placement agent for the financing.