Mercurity Fintech raises 800 million USD to establish a long term Bitcoin reserve fund

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The fintech company Mercurity Fintech Holding has just announced a plan to raise 800 million USD to build a long term Bitcoin reserve fund. This capital will be used to buy and manage Bitcoin as part of the company's strategy to transition its treasury to a digital asset model, utilizing blockchain custody solutions, staking, and tokenized treasury management.

According to CEO Shi Qiu, MFH believes that Bitcoin will become a core part of the future financial infrastructure. Building a Bitcoin treasury is a strategic move to enhance the resilience of the balance sheet and generate sustainable profits from digital assets.

At the same time, MFH is also set to be upgraded from the Russell Microcap index to the Russell 2000® and Russell 3000® indices according to the preliminary 2025 reclassification list from FTSE Russell. Joining these indices will help the company gain more access to institutional investors and index investment funds. MFH believes this is a sign that the company's blockchain strategy is increasingly being recognized by the market.

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