Folding holdings (FLD) Customers informed early Monday afternoon in the deployment of their Bitcoin Fold credit card.
Actions quickly dropped by more than 7% on news.
“A key infrastructure partner has unexpectedly left credit card activity, disturbing our expected deployment,” Pold in an email to customers. “Consequently, the launch of the Fold Bitcoin Credit Card is delayed while we are going to a new partner better aligned on the long -term roadmap.”
Fold came to around $ 10 per share in February this year, but quickly dropped below, the bottom in mid-April at $ 2.51. Actions are now changing hands at $ 4.25.
