Mercurity Fintech Holding Inc. Announces an $800M Financing Plan to Establish a Bitcoin Treasury Reserve

The initiative marks a strategic shift for the blockchain-powered fintech group, which now aims to build a digital asset treasury

Mercurity Fintech Holding Inc (NYSE:MFH) disclosed on Wednesday an $800 million financing plan to create a long-term Bitcoin (BTC) treasury reserve.

The move marks a significant shift for the blockchain-powered fintech group, which will now focus on building a digital asset treasury. This treasury will be supported by blockchain-native custody, staking, and tokenized management services.

According to MFH, the reserve will be managed using advanced institutional-grade custodial infrastructure and liquidity tools that enable staking.

The company aims to generate yield from its Bitcoin holdings, which will in turn contribute to enhancing balance sheet resilience and facilitating deeper alignment with decentralized finance protocols.

“This initiative underscores our firm belief in the future role of Bitcoin as a foundational pillar of financial infrastructure in the metaverse era. We are positioning our company to be a key player in this evolving digital financial ecosystem,” said CEO Shi Qiu.

Index inclusion

In other news, MFH is also set to be included in the Russell 3000® and Russell 2000® Indexes, pending final reconstitution later this month.

The expected upgrade from the Russell Microcap Index could boost visibility for MFH among institutional investors and index-linked funds.

MFH’s move aligns with a growing trend among public companies.

Interest from corporations in digital assets is increasing, with more and more public companies allocating Bitcoin to their balance sheets, according to a recent report by Binance.

Earlier this month, K33 (CRYPTO: K33), a Norwegian digital asset brokerage, announced a crypto strategy plan. Also on Wednesday, Interactive Strength Inc (NYSE:ISTR) announced a new $500 million crypto asset strategy. The company’s plan is to acquire Fetch.ai’s (CRYPTO: FET) tokens.