
Mercurity Fintech Holding Inc., a Nasdaq-listed digital finance firm, said it plans to raise up to $800 million to create a dedicated Bitcoin reserve for its corporate treasury. The company described the financing as a long-term initiative aimed at deepening its exposure to the cryptocurrency market and aligning its balance sheet with what it sees as an emerging financial standard. Proceeds will be used to purchase Bitcoin under an institutional custody framework that also includes on-chain staking and tokenized treasury management, according to the company’s outline of the program. Management said it views Bitcoin as an “essential component of the future financial infrastructure” and a strategic store of value. Mercurity added that the initiative could strengthen its market profile and support its goal of qualifying for the Russell 2000 index. The move places the firm among a growing number of publicly traded companies allocating sizable portions of capital to Bitcoin as part of broader treasury-management strategies.
JUST IN: MERCURITY FINTECH HOLDING PLANS TO RAISE $800 MILLION TO CREATE A BTC TREASURY. Source: Coindesk https://t.co/eZPwue3piw https://t.co/Cn0uQPH6z1
BREAKING: 🇺🇸 MERCURITY FINTECH WILL RAISE $800 MILLION TO BUY BITCOIN FOR TREASURY. https://t.co/q9hLEzZfG3
JUST IN: Nasdaq-listed Mercurity Fintech announced $800m Bitcoin corporate treasury plan. "Bitcoin will become an essential component of the future financial infrastructure," says Mercurity CEO












