Micro-, Small-Cap Firms Dominate Market Rally

6. Fold Holdings Inc. (NASDAQ:FLD)

Fold Holdings rallied for a third consecutive day on Thursday, adding 27.44 percent to close at $7.71 apiece as investors gobbled up shares in the company ahead of the cryptocurrency summit at the White House on Friday.

Investors seemed to have repositioned portfolios while looking for more concrete updates from the meeting.

Prior to his return to the White House, President Donald Trump already expressed support for the cryptocurrency industry, promising to establish a US cryptocurrency reserve under his term and make the asset a national priority. The cryptocurrencies to be included in the reserve so far were XRP, SOL, ADA, ETH, and BTC.

On the other hand, FLD, a bitcoin financial services company, recently purchased 10 additional Bitcoins to its portfolio at an average price of $87,500.

“FLD remains dedicated to integrating Bitcoin into our business and treasury strategy,” said FLD CEO Will Reeves. “Like our customers, we aim to take advantage of opportunities to add Bitcoin and expect to continue to build our treasury opportunistically going forward.”