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Stock impact report

Bitcoin Fintech Enters Russell 2000 While Strategy Risks MSCI Exclusion [Yahoo! Finance]

Fold Holdings, Inc. - Class A (FLD) 
Company Research Source: Yahoo! Finance
The announcement comes as MSCI considers excluding crypto-holding companies from its indexes, drawing significant industry attention. Fold Holdings (NASDAQ: FLD) officially announced its inclusion in the Russell 2000 on December 22. The company describes itself as the first publicly traded Bitcoin financial services firm, with over 1,500 BTC in its treasury. Its product lineup includes the Fold App, Fold Bitcoin Gift Card, Fold Debit Card, and the upcoming Fold Bitcoin Rewards Credit Card. "Fold's inclusion in the Russell 2000 Index is a significant milestone that further validates our position as a successful public company," said Will Reeves, Chairman and CEO. "We expect index inclusion to broaden market awareness and increase visibility among institutional and retail investors." Reeves added that the company is focused on "disciplined execution, expanding distribution, and creating sustained value for shareholders." Goldman Sachs analyst Ben Snider forecast on Monday that th Show less Read more
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