Mercurity Fintech Establishes $800 Million Bitcoin Reserve

Generado por agente de IACoin World
miércoles, 11 de junio de 2025, 10:05 am ET1 min de lectura
BTC--
MFH--

Mercurity Fintech Holding Inc. has announced a significant $800 million financing plan to establish a long-term Bitcoin treasury reserve. This initiative represents a strategic pivot for the blockchain-powered fintech group, which is now focused on building a digital assetDAAQ-- treasury. This treasury will be supported by blockchain-native custody, staking, and tokenized management services, indicating a substantial evolution in the company's financial strategy.

The reserve will be managed using institutional-grade custodial infrastructure and staking-enabled liquidity tools. The company aims to generate yield from its Bitcoin holdings while enhancing its balance sheet resilience and deepening its alignment with decentralized finance protocols. CEO Shi Qiu highlighted the company's confidence in Bitcoin's future role in financial infrastructure, stating, "We are positioning our company to be a key player in the evolving digital financial ecosystem."

In addition to the treasury plan, Mercurity Fintech Holding Inc.MFH-- is set for inclusion in the Russell 3000 and Russell 2000 Indexes, pending final reconstitution later this month. This expected upgrade from the Russell Microcap Index is anticipated to boost the company's visibility among institutional investors and index-linked funds. The move aligns with a growing trend among public companies that are increasingly viewing Bitcoin as a strategic asset. This trend reflects a growing interest from corporations in digital assets, with more public companies allocating Bitcoin to their balance sheets.

Comentarios



Add a public comment...
Sin comentarios

Aún no hay comentarios