Mercurity Fintech Launches $800 Million Bitcoin Treasury Reserve
Mercurity Fintech Holding Inc. (MFH) has unveiled an $800 million plan to create a Bitcoin treasury reserve. This move signals a significant shift for the blockchain-focused fintech company.
The reserve will be managed with top-tier custodial solutions and staking tools. MFH aims to generate income from its Bitcoin holdings while strengthening its financial stability. CEO shi Qiu believes this initiative positions MFH as a leader in the digital finance sector.
Alongside this, MFH is set to join the Russell 3000® and russell 2000® Indexes. This upgrade could attract more institutional investors and index-linked funds.
MFH’s strategy reflects a broader trend of companies adopting Bitcoin as a strategic asset. A Binance report shows growing corporate interest in digital assets.
Other companies are also making crypto moves. K33, a Norwegian brokerage, recently announced a crypto strategy.Interactive Strength Inc. is investing $500 million in Fetch.ai’s FET tokens.
These developments highlight the increasing role of Bitcoin in corporate finance.
