Fold Holdings director Young buys $11,049 in company stock

Bracebridge H. Young Jr., a director at Fold Holdings, Inc., recently acquired 20,000 shares of the company's common stock, amounting to $11,049. The purchases took place on September 11, 2026, divided into two separate transactions at prices between $0.5433 and $0.5616 per share. As a result, Mr. Young now indirectly owns 70,100 shares of Fold Holdings common stock, which are held by the Bracebridge H. Young, Jr. 1999 Family Trust.

This trust, for which Mr. Young serves as an investment advisor and his immediate family members are beneficiaries, holds the shares on record.

The stock's trading price is currently $0.54, marking an 83% decline over the past year. InvestingPro analysts consider the stock undervalued based on its Fair Value estimates. The stock has experienced significant losses, particularly over the last six months, and subscribers can access an additional 10 tips for further analysis. For a comprehensive understanding, investors can refer to Fold Holdings' Pro Research Report, one of over 1,400 available on the platform.

Fold Holdings reported a steep decline in its second-quarter revenue, which dropped by 26% compared to the previous year, reaching $6.1 million. This figure fell short of analysts' expectations of $8.83 million. The company did not disclose actual earnings per share results. Additionally, Fold Holdings recently terminated its $250 million equity purchase facility, which was established in June 2025, allowing the company to issue new common shares at its discretion.

Cantor Fitzgerald has maintained an Overweight rating for Fold Holdings despite this facility's termination, acknowledging the company's challenges within the weak crypto market.