Recently, the stock price of the NASDAQ listed company Mercurity Fintech Holding Inc. (NASDAQ: MFH) experienced a rare surge. The day closed up 53.2% on Thursday, the biggest one-day increase in the past 8 months. The transaction amount reached US$40.63 million, one of the most recent market highs. This strong performance not only highlights the concentrated explosion of retail enthusiasm, but is also interpreted as a strong response from the market to the company's recent series of major layouts, and also reflects the capital market's recognition

of MFH's deep embrace of the digital asset era. Against the backdrop of a

recovery in external crypto market sentiment and the Federal Reserve's interest rate hike cycle coming to an end, Mercurity Fintech is building its next stage growth engine with substantial financial engineering and blockchain infrastructure construction. However, this change in stock prices is not an accident; it is a concentrated reflection of the accumulation and lack of

strategic development.

In just the past two months, Mercurity Fintech has successively announced a number of major plans, demonstrating its determination and ability to take action to deeply cultivate the blockchain finance and digital asset ecosystem. In June of this year, the company officially announced the launch of a $800 million Bitcoin reserve plan to build a sustainable digital asset reserve

system by integrating on-chain liquidity agreements and institutional-level escrow structures, with the aim of enhancing the resilience of the Group's balance sheet and building a long-term value moat.

Immediately after that, in July 2025, MFH once again sent a big signal: it announced that it had reached an equity credit agreement of up to 200 million US dollars with Solana Ventures, marking a further deepening of its strategic layout in the public chain ecosystem. The funds will be used to deploy core nodes on the Solana network, participate in DeFi protocol liquidity pools, and invest in real asset tokenization platforms (RWA) within the Solana

ecosystem.

MFH said that through this cooperation, the company will deeply participate in Solana's network governance and revenue distribution as a verification node, while building an on-chain revenue product line based on the DeFi protocol to further improve capital turnover efficiency. It is worth mentioning that Solana's ecosystem has expanded rapidly since the beginning of the year, and TVL has continued to grow, and it

has also become one of the technology platforms MFH chose to deeply bind. It is

worth mentioning that in order to ensure the implementation of the strategy, the company completed a financing of 43.7 million US dollars through Registered Direct Offering (Registered Direct Offering) at the beginning of this month to accelerate the implementation of its crypto finance strategy.

• In the fund-raising announcement, the company clearly stated that the funds will be used to: establish an institutional-level on-chain pledge system;

• Develop tokenized income products (such as on-chain fixed income and structured income); build digital asset financial infrastructure and promote modular deployment of asset management platforms

.

This round of financing not only provided strong ammunition for project implementation, but also further strengthened the company's will to invest strategically at a low point in the industry cycle.

Meanwhile, Mercurity Fintech's board of directors approved a share repurchase plan of up to $10 million over the next 12 months in mid-July, which was widely interpreted by the market as a reflection of the company's high confidence in long-term value, and also unleashed a strong intention to protect shareholders' rights and interests.

From a capital market perspective, MFH is also receiving major attention from institutional investors. According to public position data, Geode Capital Management significantly increased its shares in the fourth quarter of last year, and large hedge funds such as Schonfeld Strategic Advisors, 683 Capital Management, Balyasny Asset Management, and Cubist Investing Strategies also established initial positions during the same period, reflecting that their strategic transformation has led to Positive responses from professional investors

.

Currently, global fintech is rapidly moving towards tokenization (asset tokenization) and on-chain finance (on-chain finance). Mercurity Fintech is exploring the transformation from a “trading platform” to a “financial system builder” with practical actions. Whether it's the Bitcoin reserve strategy, Solana ecosystem binding, or on-chain yield product development, MFH is already

at the forefront of a new paradigm shift in on-chain finance.

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About Mercurity Fintech

Mercurity Fintech Holding Inc. (NASDAQ: MFH) is a digital fintech company that provides AI-based infrastructure, blockchain, and digital asset access services in the US. The company's business includes blockchain and digital asset solutions, artificial intelligence and high performance computing (HPC) infrastructure, and liquid cooling solutions designed specifically for AI data centers

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