From Cointelegraph
June 12, 2025 7:36 am:

Mercurity Fintech Holding plans to raise $800 million to establish a Bitcoin treasury reserve for strategic purposes. The company aims to transition part of its treasury into a blockchain-aligned reserve structure, reinforcing asset exposure and balance sheet resilience. This move would make Mercurity the world’s 11th largest corporate Bitcoin holder, surpassing GameStop.

Corporate Bitcoin adoption is on the rise, with at least 223 public companies now holding BTC in their treasuries. Over 819,000 BTC, representing 3.9% of the total supply, is held in public company treasuries. This wave of adoption is being driven by a long-term investment perspective, treasury diversification, and capital-raising activity, according to Binance Research.

In addition to Bitcoin, altcoins are also benefiting from growing institutional interest. Interactive Strength, a Nasdaq-listed fitness equipment manufacturer, announced plans to raise up to $500 million to establish a Fetch.ai (FET) token treasury. This trend highlights the increasing acceptance of digital assets in corporate finance strategies.

Read more at Coin Telegraph: Mercurity Fintech’s $800M Bitcoin treasury financing plan