LATEST: Public Firm Mercurity Fintech Raising $800 Million to Acquire Bitcoin Holdings

Mercurity Fintech Holding Inc. has announced plans to raise $800 million to build a long-term Bitcoin treasury reserve. The move signals a bold step toward integrating blockchain into its financial infrastructure. The company aims to acquire and manage Bitcoin through blockchain-native custody and tokenized treasury tools to create a yield-generating reserve.

The strategy involves shifting part of Mercurity’s treasury into Bitcoin with the goal of strengthening its balance sheet and aligning with the future of digital finance. CEO Shi Qiu said the initiative reflects strong belief in Bitcoin’s role as a core financial asset. The company is also working to implement staking and liquidity protocols to increase capital efficiency.

Mercurity is also set to be included in the Russell 3,000 and Russell 2,000 Indexes as part of the FTSE Russell 2025 annual update. This upgrade from the Microcap Index may expand exposure to institutional investors and reflects growing confidence in Mercurity’s blockchain-based strategy.

Source

26.1K Reads