As more corporations embrace Bitcoin as a strategic asset, Mercurity Fintech is entering the arena with an ambitious $800 million fundraising effort aimed at building a long-term BTC reserve.
The Nasdaq-listed fintech firm revealed plans to allocate the capital not only to buy Bitcoin but also to expand its blockchain infrastructure.
Part of the funds will support the integration of crypto custody, staking services, and tokenized treasury operations into its core platform.
This comes on the heels of GameStop doubling down on its Bitcoin holdings and follows the example set by MicroStrategy, which pioneered large-scale corporate BTC accumulation.
Mercurity’s CEO, Shi Qiu, described the move as a natural evolution for the company, driven by a belief that Bitcoin will play a central role in global finance. He also noted that the firm expects to join the Russell 2000 and 3000 indexes in the next rebalancing cycle, marking a milestone in investor recognition.
For Mercurity, the Bitcoin treasury is more than a hedge—it’s a statement about where the future of finance is headed.
Bitcoin’s market structure has undergone a dramatic transformation, with Binance surpassing $650 trillion in BTC futures volume since launching the product in September 2019.
While altcoins are enjoying a strong performance across markets, it is Bitcoin that continues to dominate crypto social media chatter, according to a July 3 report by on-chain analytics firm Santiment.
BitMEX co-founder Arthur Hayes has issued a cautious outlook for Bitcoin and the broader crypto market, predicting a possible short-term downturn as the U.S. government shifts its liquidity strategy.
Bitcoin’s bullish undercurrent continues to strengthen as on-chain data and derivatives market behavior reveal aggressive accumulation from long-term holders and whales.