Nasdaq-listed Mercurity Fintech to raise $800M for Bitcoin treasury

INSUBCONTINENT EXCLUSIVE:
Mercurity Fintech Holding, a Nasdaq-listed digital fintech group building blockchain-based payment infrastructure, plans to raise $800
million to establish a Bitcoin treasury reserve as more companies adopt the cryptocurrency for strategic purposes.Mercurity plans to raise
blockchain-native custody, staking integrations and tokenized treasury management services, the company said in a Wednesday
Bitcoin as part of their corporate treasuries, up from just 124 firms on June 5, Cointelegraph reported.Source: BitcoinTreasuriesOver
819,000 BTC, representing 3.9% of the total supply, is now held in public company treasuries, according to data from BitcoinTreasuries.NET.A
long-term investment perspective is driving the wave of corporate Bitcoin adoption, a Binance Research spokesperson told Cointelegraph,
(FET) token treasury, Cointelegraph reported on Wednesday.Magazine: Older investors are risking everything for a crypto-funded retirement