Fold Holdings signs a $250 million equity purchase agreement to expand Bitcoin reserves
Internet reports that Fold Holdings, a Nasdaq-listed bitcoin financial services company, has signed a US$250 million equity financing agreement, and the funds will be mainly used to increase its holdings of bitcoin reserves. According to the terms of the agreement, Fold can decide at its discretion to issue common shares in batches to raise funds after meeting SEC registration requirements, with a maximum financing amount of no more than US$250 million. Cohen & Company Capital Markets acted as the exclusive placing agent for this financing.
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