Mercurity Fintech Holding Inc. (Nasdaq: MFH) Announces Plans to Raise $800 Million to Establish a Bitcoin Treasury Reserve

Mercurity Fintech Holding Inc. (Nasdaq: MFH), a digital finance company focused on blockchain-based financial infrastructure

Mercurity Fintech Holding Inc. (Nasdaq: MFH) has announced plans to raise $800 million to establish a long-term Bitcoin treasury reserve as part of its broader strategy to integrate digital assets into its financial framework.

The company, which is focused on blockchain-based financial infrastructure, aims to transition a portion of its reserves into Bitcoin, supported by blockchain-native custody, staking solutions, and tokenized treasury tools designed to enhance yield and extend asset duration.

“We’re building this Bitcoin treasury reserve based on our belief that Bitcoin will become an essential component of the future financial infrastructure,” said Shi Qiu, CEO of Mercurity. “We are positioning our company to be a key player in the evolving digital financial ecosystem.”

If fully raised and implemented at current market prices, the capital could allow the company to acquire approximately 7,433 BTC. At these levels, Mercurity would become the 11th largest corporate Bitcoin holder, surpassing GameStop's reported holdings of 4,710 BTC.

The announcement comes during a time of heightened corporate interest in Bitcoin. According to recent data, 223 companies and entities now hold the asset, up from 124 earlier in August. In total, these public firms hold more than 819,000 BTC, which accounts for roughly 3.9% of the total supply.

Mercurity's plans also coincide with its initial inclusion in the FTSE Russell 2000® and Russell 3000® indexes, according to the 2025 reconstitution list. The firm was previously listed in the Russell Microcap Index. Index inclusion is expected to enhance the company's visibility among institutional investors and funds that track major benchmarks.

“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 initiative is the next logical step in this evolution.”

The company will be managing the reserve using institutional-grade custody, on-chain liquidity protocols, and staking-enabled tools to promote capital efficiency. The focus will be not just on holding Bitcoin but also on putting it to work within a secure, yield-generating structure. By utilizing these systems, Merurity aims to maintain long-term exposure to BTC while maximizing reserve productivity.