Mercurity Fintech Holding Inc. Announces Share Repurchase Program of Up to $10 Million to Strengthen Confidence in Solana and Bitcoin Treasury Strategy and Enhance Shareholder Value
Rhea-AI Summary
Mercurity Fintech (NASDAQ: MFH) has announced a significant $10 million share repurchase program to be executed over the next 12 months. The program demonstrates the company's confidence in its blockchain treasury platform strategy, focusing on Solana and Bitcoin as core ecosystems.
The company is developing on-chain infrastructure to support programmable treasury reserves, real-time capital deployment, and decentralized liquidity strategies. The buyback will be conducted through open market transactions, private negotiations, or other legal means, with the flexibility to suspend or discontinue the program at the company's discretion.
Positive
- Authorization of substantial $10 million share repurchase program
- Strategic expansion into blockchain treasury infrastructure development
- Focus on institutional-grade platforms: Solana and Bitcoin ecosystems
- Development of programmable treasury reserves and real-time capital deployment capabilities
Negative
- Buyback program may be suspended or discontinued at company's discretion
- No specific timeline or price targets provided for the repurchase program
News Market Reaction 17 Alerts
On the day this news was published, MFH declined 4.55%, reflecting a moderate negative market reaction. Argus tracked a trough of -44.9% from its starting point during tracking. Our momentum scanner triggered 17 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $7M from the company's valuation, bringing the market cap to $153M at that time. Trading volume was exceptionally heavy at 5.7x the daily average, suggesting significant selling pressure.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, NY, July 22, 2025 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (NASDAQ: MFH) (“Mercurity” or the “Company”), a leading innovator in blockchain-native treasury strategies and digital asset infrastructure, today announced a share repurchase program of up to
This strategic decision reflects Mercurity’s strong belief in its long-term strategy and ongoing commitment to increasing shareholder value as it advances its blockchain treasury platform, with a focus on Solana and Bitcoin as core ecosystems.
Building the Future of On-Chain Treasury
Mercurity’s repurchase initiative comes as the Company scales its ambitious multi-chain treasury roadmap. The Company is developing on-chain infrastructure to support programmable treasury reserves, real-time capital deployment, and decentralized liquidity strategies with Solana’s high-speed architecture and Bitcoin’s institutional-grade stability at the core.
Mercurity is also pursuing integrations across staking, custody, and tokenized yield mechanisms to build a modern treasury framework for public companies ready to operate on-chain.
Buyback Details
Repurchases may be made from time to time in open market transactions, privately negotiated transactions, or through other legally permissible means, depending on market conditions and other factors, in accordance with applicable securities laws. The repurchase program may be suspended or discontinued at any time at the Company's discretion.
About Mercurity Fintech Holding Inc.
Mercurity Fintech Holding Inc. (NASDAQ: MFH) is a fintech group powered by blockchain infrastructure, offering technology and financial services. Through its subsidiaries, including Chaince Securities, LLC, MFH aims to bridge traditional finance and digital innovation across digital asset management, financial advisory, and capital markets solutions.
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
Contacts:
International Elite Capital Inc.
Annabelle Zhang
Tel: +1 (646) 866-7928
Email: mfhfintech@iecapitalusa.com
FAQ
What is the size of MFH's share repurchase program announced in July 2025?
How will Mercurity Fintech implement its share buyback program?
What is the purpose of MFH's 2025 share repurchase program?
What blockchain ecosystems is Mercurity Fintech focusing on in 2025?
How long will MFH's share repurchase program last?
