Listed company Fold Holdings signs $250 million equity purchase agreement aimed at expanding Bitcoin reserves

According to Globenewswire, Nasdaq listed Bitcoin financial services company Fold Holdings has signed a $250 million equity financing agreement, with the funds primarily used to increase its holdings of Bitcoin reserves. According to the terms of the agreement, Fold may independently decide to issue common stock in batches to raise funds after meeting SEC registration requirements, with a maximum financing amount not exceeding $250 million. Cohen & Company Capital Markets serves as the exclusive placement agent for this financing.