Fold Holdings director Young buys $11,049 in shares

Bracebridge H. Young Jr., a director at Fold Holdings, Inc. (NASDAQ:FLD), purchased 20,000 shares of the company's common stock on September 11, 2026, for a total of $11,049. The shares were acquired at prices ranging between $0.5433 and $0.5616 per share. This comes as Fold Holdings' stock trades near its 52-week low of $0.36, having declined by 85% over the past year.

InvestingPro analysis suggests the stock is currently undervalued, with a Fair Value indicating potential upside. The company is rated as financially weak, with a health score of 1.72, and exhibits high price volatility. The purchases were made indirectly through the Bracebridge H. Young, Jr. 1999 Family Trust, of which Young serves as an investment advisor.

After acquiring the shares, the trust beneficially owns 70,100 shares of Fold Holdings common stock. This amendment, filed on September 11, 2026, corrects the total number of shares directly held by Young, as the original filing had inadvertently omitted shares from a restricted stock unit (RSU) grant. Fold Holdings recently reported a 26% decline in its second-quarter revenue for 2026, generating $6.1 million compared to the expected $8.83 million.

The company also terminated its $250 million equity purchase facility established in June 2025. Despite these challenges, Cantor Fitzgerald maintained an Overweight rating for Fold Holdings, signaling ongoing confidence in the company's potential.