Fulgur Frontier Capital LP and Fulgur Ventures I, L.P. Acquire Significant Stake in Fold Holdings, Inc.

Fulgur Frontier Capital LP and Fulgur Ventures I, L.P. have jointly acquired a 37.47% stake in Fold Holdings, Inc. The acquisition involved the contribution of 7,191,631 shares of common stock to Fulgur Frontier Capital LP on December 30, 2025. These shares were originally purchased in the open market during 2025 for approximately $27,557,381. Prior to this contribution, the reporting persons held 10,908,775 shares. The decision to acquire the shares was based on the belief that they were undervalued. The reporting persons may increase or decrease their position in Fold Holdings, Inc. in the future through various transactions. They have entered into a joint filing agreement to facilitate the coordinated filing of Schedule 13D information.