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Fold, a Bitcoin-focused financial services firm, plans to raise $250 million through a stock sale to bolster its Bitcoin holdings. The move aligns with a growing trend of companies adding Bitcoin to their balance sheets. However, analysts caution about the risks of overexposure to crypto assets.
- Fold's $250M private stock sale targets Bitcoin purchases, mirroring MicroStrategy's accumulation strategy.
- 236 entities now hold Bitcoin (131 public firms), a 13% monthly increase in corporate adoption.
- Analysts warn 50% of non-crypto firms' BTC treasuries risk losses if prices fall below $90K.
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