Fold Holdings CFO sells $1,297 in common stock

Fold Holdings CFO Repass Wolfe sold 2,877 shares of the company's common stock on August 18, 2026, for a total of $1,297. The shares were sold at $0.451 each, in accordance with the company's policy to meet tax withholding obligations. This comes as the stock price hovers close to its 52-week low of $0.36, down 88% from a year ago, with a current market capitalization of $25.35 million.

These sales were not discretionary actions by Mr. Wolfe, but were required by Fold Holdings' decision to cover tax obligations through stock sales. As a result, Mr. Wolfe now owns 734,297 shares of Fold Holdings common stock. Despite the stock's significant decline, InvestingPro analysts believe the stock may be undervalued at its current price, listing it among the most undervalued stocks on their platform.

Further insights into the company's valuation can be found in InvestingPro's Pro Research Report. In other recent news, Fold Holdings reported a 26% drop in second-quarter revenue, falling to $6.1 million, below analysts' expectations of $8.83 million. This decline is attributed to ongoing difficulties in the crypto market. While the company did not release its earnings per share (EPS) results, analysts had forecast a loss of $0.1475 per share. These recent developments underscore the financial challenges facing Fold Holdings.