List of Flash News about Mercurity
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2025-06-29 18:27 |
Upexi (UPXI) to Tokenize Shares on Solana (SOL), Boosts Holdings; Mercurity (MFH) Targets $800M Bitcoin (BTC) Treasury
According to @StockMKTNewz, Nasdaq-listed Upexi (UPXI) has announced plans to tokenize its SEC-registered shares on the Solana network using the Opening Bell platform, a move that aligns with the growing trend of asset tokenization. The company also disclosed a significant increase in its crypto treasury, adding 56,000 SOL over the past month to bring its total holdings to 735,692 SOL, worth approximately $105 million. This reinforces a corporate trend of adopting cryptocurrency treasury strategies, with Upexi focusing on Solana (SOL) instead of Bitcoin. In a separate development, fintech group Mercurity Fintech Holding (MFH) revealed its intention to raise $800 million to establish a Bitcoin (BTC) treasury. The strategy aims to acquire BTC and integrate it into a yield-generating system with tokenized tools and staking services. This news coincides with Mercurity's expected inclusion in the Russell 2000 and 3000 indexes, potentially increasing its visibility to institutional investors. |