Mercurity Fintech targets $800M Bitcoin reserve plan

By Umair Joiya - Crypto Writer
Disclaimer: Cryptocurrencies are a high-risk asset class. This article does not constitute investment advice and is provided for informational purposes only. You could lose all of your capital.
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BTCNew York, NY Mercurity Fintech Holding Inc. has launched a big push to raise $800 million for investing in Bitcoin. The financial services firm is looking to build a sound Bitcoin treasury that falls within its long-term strategy for building financial infrastructure. This is a demonstration of the firm’s confidence in Bitcoin as a central component in future global finance.

The firm is going to utilize its blockchain experience to meticulously buy and hold a substantial quantity of Bitcoin in the long term. Shi Qiu, who is also the CEO, is looking forward to the project making the firm a prominent brand in blockchain-based financial services. Mercurity Fintech is going to leverage blockchain-native solutions in storage, staking, and maintaining digital currencies in a robust reserve system.

This strategy involves utilizing secure blockchain custody solutions and software that enables the firm to generate income from staking. Mercurity Fintech also aims to develop a tokenized treasury system that is in sync with blockchain development. It involves transforming some portion of their firm’s capital into a system that generates returns and appreciates over time.

Mercurity Fintech expands with strong Bitcoin strategy

Mercurity Fintech is also poised to be added to the Russell 2000 and Russell 3000 indexes this year. This is a step up from being included in the Russell Microcap Index, indicating greater institutional investor demand. Most investors monitor these indexes when deciding where to invest large sums of money.

The future inclusion in the index will make more investors realize the worth of Mercurity Fintech’s blockchain strategy. It emphasizes that the firm is gaining momentum and establishing credibility in both the finance and technology spaces. Shi Qiu mentioned this as another milestone that indicates investor acknowledgment of their steady progress.

Mercurity Fintech’s expansion also involves providing digital financial services via subsidiaries such as Chaince Securities, LLC. These services encompass digital asset management, financial advisory, and accessing the capital markets, making a holistic blockchain finance model.

The plan to raise $800 million, increase Bitcoin holdings, and achieve index visibility represents a serious long-term growth plan. These actions demonstrate the mission of the company to be a leader in tomorrow’s digital financial frameworks.

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Crypto Writer
Umair Joiya is a dedicated crypto writer with one year of experience in the dynamic world of digital assets. Passionate about blockchain technology and market trends, he specializes in crafting clear, engaging content that breaks down complex topics for readers of all levels.
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