Fold Holdings Inc. reported disappointing financial results for the first quarter of 2026. Earnings per share (EPS) came in at -$0.59, well below the -$0.13 forecast. Revenue also missed expectations, at $5.59 million versus the anticipated $10.09 million.
The company's stock fell 4.08% in after-hours trading and declined a further 9.86% in premarket trading. Bitcoin price volatility weighed on the company's performance.
Fold Holdings management highlighted the successful launch of its new credit card and the expansion of its Bitcoin Bonus Program. The company continues to strengthen its position for long-term growth.
