List of Flash News about Mercurity Fintech
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2025-06-29 16:43 |
Corporate Bitcoin Treasury Trend Grows: Lingerie Fighting Championships Adds $2M BTC, Mercurity Fintech (MFH) Plans $800M Raise
According to @FarsideUK, the corporate trend of adding Bitcoin (BTC) to company treasuries is accelerating with two new announcements. Lingerie Fighting Championships (BOTY) plans to acquire $230,000 in BTC within 30 days, increasing to $2 million over six months, a move coinciding with its expansion into the UK. LFC's CEO stated the company believes 'bitcoin has lots of potential to grow to levels never seen before.' Separately, New York-based Mercurity Fintech Holding (MFH) announced it is raising $800 million to create a significant Bitcoin treasury. Mercurity's strategy involves not just acquiring BTC but also integrating it into a 'yield-generating, blockchain-aligned reserve structure' with tokenization and staking services, as stated in a press release. This news comes as MFH is set for inclusion in the Russell 2000 and Russell 3000 indexes. MFH shares rose 1.9% in the previous session but fell 2.84% in after-hours trading following the announcement. |