PANews reported on June 12 that according to Globenewswire, digital financial technology group Mercurity Fintech (Nasdaq: MFH) announced plans to raise $800 million to establish a long-term Bitcoin reserve. The plan will rely on its expertise in blockchain financial infrastructure to build an interest-bearing digital asset reserve framework through institutional-grade custody solutions and on-chain liquidity protocols. The funds raised will be used to systematically configure Bitcoin positions and integrate pledge efficiency tools to strengthen the balance sheet. MFH also announced that it has been selected for the FTSE Russell 2025 preliminary adjustment list.