This Bitcoin Stunt Will Leave You Amazed! 🤯

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Fold Holdings, Inc., a bitcoin financial services company, has gone on yet another shopping spree, this time for 10 more bitcoins. Why? Because apparently, their bitcoin treasury wasn’t impractically large enough already. 🙄

For the mathematically curious—and the masochists out there—they paid an average of $87,500 per bitcoin, bringing their total holdings to a deeply eyebrow-raising 1,000+ bitcoins. That’s like hoarding gold bars but digital and with more existential dread. 💸

Fold, of course, was founded to make Bitcoin (BTC) “more accessible,” which is industry-speak for “make paying with digital money seem like an excellent idea for groceries.” Their various financial services are aimed at integrating cryptocurrency into everyday life, because who wouldn’t want their morning coffee funded by the cryptographic chaos of cyberspace? ☕💻

This purchase clearly screams, “Hey, we’re doubling down on bitcoin!” It’s like someone betting on horse #37 because why not? Only this time, the horse is an intangible digital asset, galloping on a blockchain. 🐴➡️🔗

Also, the Fold app—you know, their flagship thingy—lets you earn bitcoin rewards on mundane purchases like toothpaste or cat litter. Finally, a way to justify that impulse Amazon buy. 🛍️✨

Fold Listed on Nasdaq 🚀

Big news: Fold has strutted onto the Nasdaq under the ticker “FLD” in its sparkly, bitcoin-embracing pants. 🎸 This stunt dramatically increases visibility, proving to the world that you can indeed merge financial seriousness with, well, memes. Even major corporations are cheering, though probably while nervously checking Bitcoin’s price every 2.4 seconds. 📈😅

The crypto industry, of course, is abuzz because nothing says validation like a traditional stock exchange listing. Gone are the days of “Isn’t this stuff fake internet money?” (Well, sort of.) Now, it’s all about “How do I get in before it moon-shoots again?” 🚀🌕

Oh, and Fold isn’t alone. Strategy (yes, that’s their actual name) was also in on the whole “build-a-bitcoin-fort” strategy by buying up nearly $2 billion worth of BTC. That’s 499,096 bitcoins, in case you’re wondering—or as your grandma might call it, “too much money on the internet.” 💻💰

CEO Will Reeves, in his finest corporate-speak, doubled down on the whole thing, pledging to integrate Bitcoin into every corner of Fold’s financial strategy and basically shouting into the void: “We’re very serious about this, we swear.” 🤓

Meanwhile, as of this fine day—February 26, 2025—Fold’s stock is trading at $5.88, which means… 🤔 Well, you decide if that’s a steal or just, you know, a metaphor for life’s futility. 📉

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2025-02-26 19:08