Bitcoin financial services company Fold Holdings signs $250 million equity purchase agreement

Odaily News 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 its Bitcoin reserves.
According to the terms of the agreement, Fold can decide on its own to issue common stock in batches to raise funds after meeting SEC registration requirements. Cohen & Company Capital Markets serves as the exclusive placement agent for this financing. (Globenewswire)