Fold Holdings, Inc. reported second-quarter 2026 revenue of $6.1 million, a net loss of $9.7 million, adjusted EBITDA loss of $5.5 million and loss per share of $0.19, while saying it had eliminated about $20 million of secured debt and added about $25 million of unrestricted capital. As of June 30, 2026, the company held 194 BTC worth about $11.4 million in its investment treasury and 77 BTC worth about $4.5 million in a rewards treasury tied to a bitcoin-denominated customer rewards liability. Fold said it sold 832 BTC in the first half, including 200 BTC for $14.4 million in February and 632 BTC for $44.7 million in June, with $20 million of the June proceeds used to repay a Bitcoin-backed credit facility and the remaining $24.7 million retained as cash. Total bitcoin holdings stood at 271 BTC at the end of June when the rewards treasury is included. The company reported $28.4 million in cash and cash equivalents at June 30, processed $165 million in quarterly transaction volume and had more than 87,000 verified accounts. Fold posted a $15.6 million operating loss in the first half, and CryptoSlate said the continued losses leave open the possibility of future financing through additional share sales or further bitcoin disposals, while noting that neither outcome is certain. Fold also said more than 2,000 credit cards were in early access as of Aug. 11, 2026, with cardholders up more than 100% from the prior quarter, and that interchange and financing economics were meeting or exceeding expectations ahead of a broader rollout. Separately, Nasdaq notified Fold on July 14 that it had fallen below the exchange’s $1 minimum bid-price requirement for 30 consecutive business days, giving it until Jan. 11, 2027 to regain compliance; the company is seeking shareholder approval for a reverse stock split of between 1-for-2 and 1-for-50, though no ratio has been selected and no split has been implemented.