List of Flash News about Fold
Time | Details |
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04:47 |
Fold and Mercurity Fintech (MFH) Signal Bullish Trend with $1.05B Push into Bitcoin (BTC) Treasuries
According to @rovercrc, two publicly traded companies are making significant moves to increase their Bitcoin holdings, potentially signaling a bullish trend for the asset. Bitcoin rewards firm Fold has secured an equity purchase facility of up to $250 million to expand its corporate Bitcoin (BTC) treasury, which currently holds 1,490 BTC, as stated in their announcement. Separately, Mercurity Fintech Holding (MFH) announced it is raising $800 million to establish its own Bitcoin treasury. Mercurity's strategy, according to their press release, involves not just acquiring BTC but also integrating it into a "yield-generating, blockchain-aligned reserve structure" with tokenized tools and staking services. The company's plan coincides with its announced inclusion in the Russell 2000 and Russell 3000 indexes, which could increase its visibility to investors. These institutional-level acquisitions could create significant buying pressure for BTC, a key factor for traders to monitor. |
2025-06-29 11:59 |
Fold Secures $250M to Boost Bitcoin (BTC) Holdings; Analyst Reveals Top Crypto Alpha Strategies
According to @KookCapitalLLC, Bitcoin rewards company Fold has secured a $250 million equity facility to significantly increase its corporate Bitcoin (BTC) holdings, signaling strong institutional interest. For traders, @KookCapitalLLC highlights that digital assets provide a superior risk-reward ratio, with Bitcoin's performance cited as over three times that of the S&P 500 per unit of risk. Key strategies for generating alpha include a disciplined dollar-cost averaging (DCA) accumulation plan for a portfolio of top assets and establishing a clear trading plan with predefined actions for specific price levels, such as when Ethereum (ETH) drops to $1,200 or rises to $4,000. The analysis also emphasizes investing with the trend, which involves assessing adoption curves, monthly data points, and the progression of the underlying technology. |