Mercurity Fintech to Raise $800 Million for Bitcoin Treasury Reserve

Mercurity Fintech Holding, a digital finance firm listed on the Nasdaq, has announced its intention to raise $800 million to establish a long-term Bitcoin treasury reserve. This strategic move aligns with a broader trend among corporations incorporating Bitcoin into their balance sheets as a strategic asset. The funds raised will be used to transition part of Mercurity’s reserves into Bitcoin, integrated within a blockchain-native custody and staking framework.

The initiative includes tokenized treasury management tools designed to boost yield and strengthen asset duration. CEO Shi Qiu emphasized the company’s belief that Bitcoin will become a core pillar of future financial infrastructure. “We’re building this Bitcoin treasury reserve based on our belief that Bitcoin will become an essential component of the future financial infrastructure,” Qiu stated.

If the raise is successfully completed, Mercurity will acquire approximately 7,433 BTC at current market prices, positioning it as the 11th largest corporate holder of Bitcoin, surpassing GameStop’s 4,710 BTC. This announcement adds to a growing list of firms embracing Bitcoin as a balance sheet hedge or strategic investment. Recent data indicates that 223 public companies now hold Bitcoin, up from 124 just days earlier.

In total, more than 819,000 BTC, approximately 3.9% of the total supply, is currently held by public firms. MicroStrategy remains the largest corporate Bitcoin holder, with 580,250 BTC worth approximately $60.9 billion. Other major holders include Marathon Digital Holdings and Tesla, both with over $1 billion in Bitcoin.

Digital asset companies are increasingly flooding capital markets to raise funds for large-scale Bitcoin acquisitions, spurred by the cryptocurrency’s rally to a record $111,965 last week. The surge, up more than 50% from early April, has ignited a wave of listings and mergers as firms race to secure funding while investor appetite remains strong.

Last week, Japanese investment firm Metaplanet unveiled an ambitious new target to amass 210,000 Bitcoin by the end of 2027. The firm announced plans to raise $5.4 billion to accelerate its Bitcoin purchase by issuing 555 million shares of Moving-Strike Warrants, a first of its kind raise in Japan’s market of this size. The move, outlined in its updated “555 Million Plan,” would give the company ownership of roughly 1% of Bitcoin’s maximum supply. This announcement marks a major acceleration from Metaplanet’s prior “21 Million Plan,” under which it aimed for 21,000 BTC by 2026. After surpassing interim goals and climbing to 8,888 BTC, placing it tenth globally in corporate Bitcoin holdings, the company is now setting its sights far higher. To fund this aggressive acquisition drive, Metaplanet will issue 555 million new shares through moving strike warrants, an innovative financing mechanism designed to optimize capital raising with minimal dilution.