The listed company Mercurity Fintech plans to raise $800 million to establish a long-term Bitcoin reserve

according to Globenewswire, the digital fintech group Mercurity Fintech (NASDAQ: MFH) announced plans to raise $800 million to establish a long-term Bitcoin reserve. The plan will leverage its expertise in blockchain financial infrastructure to build an income-generating digital asset reserve framework through institutional-grade custody solutions and on-chain liquidity protocols. The fundraising will be used to systematically allocate Bitcoin positions and integrate staking enhancement tools to strengthen the balance sheet. MFH also announced its inclusion in the FTSE Russell preliminary adjustment list for 2025.