Visa (V) Expands Bitcoin Partnership: What It Means for the Stock
Visa (V) announced a partnership this week with Fold, the leading Bitcoin rewards card provider, to bring BTC rewards card programs to the market. Visa is a leader digital payments market, whose stock has performed well in the last six months. In that period, V stock is up nearly 30%, a trend that will surely continue with this latest Bitcoin partnership. According to a press release from Fold, the expanded agreement encompasses Fold’s flagship debit card program and upcoming credit card products. It leverages Visa’s shared services and incentives to enhance rewards offerings. “We believe Bitcoin is the next evolution of rewards, and this partnership with Visa strengthens our ability to deliver unmatched value to our users,” Will Reeves, CEO of Fold says. This isn’t the first major partnership for Visa in 2025. Just a few short weeks ago, X (formerly Twitter) and Visa partnered to offer direct payment solutions through the social media app. The move brings X closer to the ul...