Mercurity Fintech intends to raise 800 million USD to acquire around 7,433 BTC, positioning itself as the 11th largest corporate Bitcoin holder. CEO Shi Qiu highlighted Bitcoin’s vital role in future financial infrastructures.
The rise in corporate Bitcoin adoption is noteworthy, with over 223 companies now holding Bitcoin as part of their treasuries. This shift illustrates a growing institutional interest in using Bitcoin as a treasury asset.
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