Mercurity Fintech aims to Boost Bitcoin Holdings with $800 Million Plan
Mercurity Fintech Holding Inc. has unveiled an aspiring $800 million financing plan. The goal? To create a long-term Bitcoin treasury reserve. This move signals a significant shift for the blockchain-focused fintech company.
The reserve will be managed using top-tier custodial solutions and staking tools. This approach aims to generate returns from Bitcoin holdings while strengthening the company’s financial stability. CEO Shi Qiu believes this initiative positions Mercurity as a key player in the digital finance world. “We see Bitcoin playing a crucial role in the future of financial infrastructure,” Qiu explained.
Mercurity Fintech is also set to join the russell 3000® and Russell 2000® Indexes. This upgrade could attract more institutional investors and index-linked funds.
this move reflects a broader trend. More public companies are adopting Bitcoin as a strategic asset. A Binance report highlights growing corporate interest in digital assets.
Other companies are following suit. K33, a Norwegian brokerage, recently announced a crypto strategy. Interactive Strength Inc. is investing $500 million in Fetch.ai’s FET tokens.
Mercurity’s plan aligns with the increasing corporate interest in digital assets. The company aims to deepen its ties with decentralized finance protocols, enhancing its position in the evolving digital finance landscape.
