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Fold Holdings reports Q3 2026 loss but expands credit card and launches new banking products

Company Fundamentals
10 Nov 2026, 23:15 WIB
GlobeNewsWire
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Bullish
Fold Holdings reports Q3 2026 loss but expands credit card and launches new banking products

Fold Holdings, Inc. reported a net loss of $2.6 million for Q3 2026, with revenues of $4.2 million and a 21% reduction in operating expenses year-over-year. The company expanded its Fold Credit Card to about 2,500 cardholders and launched new products including Fold Reserve and Lead Bank accounts, aiming to shift from transaction-based to asset-based revenue. Despite a soft bitcoin market, Fold is focusing on operational efficiency, new distribution channels, and balance-based economics to drive future growth. The company ended the quarter with $21.7 million in cash and 247 BTC in treasury, positioning itself for the next growth phase.

Fold Holdings, Inc.'s Q3 2026 results provide context for readers interested in market activity. For readers following US stocks on Pluang, here is the market snapshot as of Nov 11, 2026 03:41 WIB: out of 150 priced stocks, 60 rose and 89 fell. Notable movers include Barrick Gold Corp at USD 39.90 with a 1-day change of -5.61% and Pluang order activity showing 2% Sell / 98% Buy, FuelCell Energy Inc at USD 10.21 down 5.59%, and Kinross Gold Corporation at USD 21.65 down 5.25% with 0% Sell / 100% Buy activity.

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