Fold Q4 revenue up, CEO sees Bitcoin rewards overtaking air miles

Fold CEO Will Reeves said it is focused on scaling its 2026 product line after paying off two convertible debts, removing overhang and enabling it to focus on growth.

Bitcoin financial services firm Fold reported an 8% surge in revenue in Q4 to $9 million as it gained another 2,000 customers and rolled out more products aimed at integrating Bitcoin reward schemes into consumer spending.

The results come just weeks after it released a Fold Bitcoin Rewards Credit Card, a Visa and Stripe-powered product, offering users cashback and rewards.

During Fold’s Q4 and 2025 full-year earnings call on Tuesday, CEO Will Reeves said they believe that “Bitcoin rewards will overtake the airline miles as the preferred consumer reward in the US.”

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