Director Jonathan Kirkwood bought 105.0K shares of FLD at $0.61; stock down 87.4% from 52-week high, company reported $-29.2M net loss in latest period.
Jonathan Kirkwood, a Director at Fold Holdings, purchased 105,000 shares at $0.61 on 2026-06-12, increasing his holdings from 352.3K to 457.3K shares (+29.8%). The transaction occurs amid significant headwinds: the stock is trading at $0.66, down 87.4% from its 52-week high of $5.25, and has fallen 53.5% over the past 30 days and 41.1% over 90 days. In the most recent quarter, the company reported net income of $-29.2M against quarterly revenue of $5.6M, and remains unprofitable on a full-year basis. While annual revenue growth stands at +33.8%, the company's market cap is $33.5M. This buy by a director at depressed price levels against a backdrop of substantial losses and recent sharp price declines represents a material insider acquisition that merits monitoring of underlying business trajectory and the context of this purchase decision.