The digital fintech group plans to establish a long-term Bitcoin reserve using institutional-grade custody infrastructure, on-chain staking, and tokenized treasury management services.
Mercurity Fintech Holding Inc (NASDAQ:MFH) has announced an $800 million financing plan to build a corporate Bitcoin treasury, joining the growing list of public companies adopting cryptocurrency as a strategic asset.
The digital financial group will create a long-term Bitcoin reserve using institutional-grade custody infrastructure, on-chain staking, and tokenized treasury management services, it said in a statement on Wednesday. MFH’s approach expands on the model set by (NYSE:MAG) and integrates yield-generation through staking and tokenized management, presenting the next phase of corporate Bitcoin strategies.
“We are building this Bitcoin treasury reserve based on our belief that Bitcoin will become an essential component of the future financial infrastructure,” said CEO Shi Qiu. “We are positioning our company to be a key player in the evolving digital financial ecosystem.”
The announcement comes as MFH was also preliminary included in the Russell 2000 Index, upgrading from the Russell Microcap Index.
“Moving from the Russell Microcap to the Russell 2000 shows that investors recognize the value we are creating in blockchain finance,” Qiu added. “Our Bitcoin treasury reserve initiative is the next logical step in this evolution.”
MH's approach highlights the maturation of corporate Bitcoin strategies, moving beyond simple asset holding. Through subsidiaries like Chaince Securities, the company aims to integrate traditional finance and digital innovation, making the Bitcoin treasury a natural extension of its existing blockchain infrastructure focus.
The $800 million target for MFH's Bitcoin treasury positions it among the more ambitious corporate Bitcoin adoption plans announced by mid-cap public companies.
Corporate Bitcoin treasuries have gained substantial attention since Microstrategy began the trend, which now sees the company holding over $15 billion in Bitcoin. The trend escalated following the improvement in regulatory clarity and the launch of Bitcoin ETFs in 2024, as companies searched for avenues to deploy cash holdings productively in a low-yield environment.
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