
Mercurity Fintech Holding Inc. (Nasdaq: MFH), a digital finance firm centered on blockchain-based monetary infrastructure, has introduced plans to boost $800 million to ascertain a long-term Bitcoin treasury reserve. The initiative is a part of the corporate’s effort to include digital property into its monetary technique.
Based on a recent news release, Mercurity intends to transition a portion of its reserves into Bitcoin, supported by blockchain-native custody, staking options, and tokenized treasury instruments designed to advance yield and prolong asset length.
“We’re constructing this Bitcoin treasury reserve based mostly on our perception that Bitcoin will develop into a vital part of the long run monetary infrastructure,” mentioned Shi Qiu, CEO of Mercurity. “We’re positioning our firm to be a key participant within the evolving digital monetary ecosystem.”
If totally raised and applied at present market costs, the capital might enable the corporate to accumulate roughly 7,433 BTC, which might make Mercurity the eleventh largest company holder of Bitcoin, surpassing GameStop’s reported 4,710 BTC holdings.
The announcement comes throughout a time of company curiosity in Bitcoin, with 223 corporations and entities now holding the asset, up from 124 earlier this month. In whole, public firms currently hold greater than 819,000 BTC, accounting for roughly 3.9% of the entire provide.
Mercurity’s plans additionally coincide with its preliminary inclusion within the FTSE Russell 2000® and Russell 3000® indexes, in line with the 2025 reconstitution checklist. The agency was beforehand listed within the Russell Microcap Index. Index inclusion is predicted to extend the corporate’s visibility amongst institutional traders and funds that observe main benchmarks.
“Shifting from the Russell Microcap to the Russell 2000 exhibits that traders acknowledge the worth we’re creating in blockchain finance,” Qiu added. “Our Bitcoin treasury reserve initiative is the following logical step on this evolution.”
The corporate famous that the reserve will likely be managed utilizing institutional-grade custody, on-chain liquidity protocols, and staking-enabled instruments to enhance capital effectivity. The aim is to not simply maintain Bitcoin, however to place it to work inside a safe, yield-generating construction. Through the use of these techniques, Mercurity goals to keep up long-term publicity to BTC whereas maximizing reserve productiveness.
With this initiative, Mercurity joins a rising checklist of public corporations actively reshaping treasury strategy round Bitcoin, signaling continued momentum in company Bitcoin adoption.