Fold Holdings (FLD) Customers announced early Monday afternoon about a delay in rolling out his fold Bitcoin credit card.
Shares quickly fell more than 7% on the news.
“A key infrastructure partner unexpectedly left the credit card business and disturbed our planned roll -out,” Fold said in an E email to customers. “As a result, the launch of the fold Bitcoin credit card is delayed when we transfer to a new partner who is better adapted to the long-term roadmap.”
Fold came in public at about $ 10 per day. Stock in February this year, but quickly fell down, bottom in mid -April to $ 2.51. Shares are now changing hands to $ 4.25.
