Mercurity Fintech to Raise $800M for Bitcoin Treasury, Signals Broader Digital Asset Pivot
Mercurity Fintech Holding (NASDAQ: MFH) has announced plans to raise $800 million to establish a Bitcoin treasury, marking a significant expansion of its digital asset strategy.
The New York-based company says the funds will support not only BTC acquisition but also the development of blockchain-native custody, tokenized treasury management, and staking infrastructure — effectively transforming bitcoin into an active component of its financial services architecture.
“Bitcoin is poised to become a core pillar of modern financial systems,” CEO Shi Qiu said in a statement. “Mercurity is preparing to lead that transition.”
Details on how the firm will raise the capital — whether via equity, debt, or hybrid financing — have not been disclosed.
The move aligns with Mercurity’s upcoming inclusion in the Russell 2000 and Russell 3000 indexes, potentially opening the door to increased institutional interest.
MFH operates crypto mining operations focused on bitcoin and filecoin, while also offering financial solutions for high-net-worth individuals and institutions, and developing AI data center infrastructure.
Shares rose 1.9% on Wednesday before dipping 2.84% after hours, reflecting mixed investor sentiment around the announcement.
