Fold Holdings, a leading Bitcoin financial services company, reported a significant revenue increase in the first quarter, reaching $7.1 million, signifying a 44% year-over-year growth. Despite this positive development, the company’s net loss widened to $48.9 million. 💰 However, Fold Holdings’ Bitcoin holdings have experienced notable growth, surging to 1,490 BTC, valued at an impressive $150 million – a 50% increase compared to the previous quarter. This growth aligns with the company’s robust trading platform which processed over $250 million in transactions during the first quarter. 🚀 Notably, Fold Holdings also boasts over 600,000 active users on its platform. 📈 In February of this year, the company made a public listing on Nasdaq, and currently holds approximately 35% of its market capitalization in Bitcoin. #BTC