Mercurity Fintech to Raise $800M for Bitcoin Treasury, Eyes Russell Index Inclusion
Mercurity Fintech Holding (NASDAQ: MFH) announced plans to raise $800 million to build a bitcoin treasury, according to a recent press release. The New York-based fintech firm intends to use the funds to execute a comprehensive strategy involving the acquisition of bitcoin, secure blockchain-native custody, and the integration of tokenized treasury products and staking services.
Rather than simply holding BTC, Mercurity aims to establish a “yield-generating, blockchain-aligned reserve structure,” positioning its bitcoin holdings as a foundational element of a broader financial infrastructure.
“Bitcoin will become an essential component of the future financial infrastructure,” said CEO Shi Qiu. “We are positioning our company to be a key player in the evolving digital financial ecosystem.”
The company has not yet specified how it plans to raise the capital—whether through debt, equity, or alternative financing methods.
This announcement comes alongside news that Mercurity is set to be added to the Russell 2000 and Russell 3000 indexes, a development that could broaden investor exposure.
Mercurity currently operates bitcoin and filecoin mining facilities, provides liquid cooling systems for AI data centers, and offers financial services tailored to institutional clients and high-net-worth individuals.
Following the announcement, MFH shares rose 1.9% during the regular trading session but slipped 2.84% in after-hours trading.
