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US Stock MFH Plunges Over 70%, Market Cap Drops to $89 Million
By: theblockbeats.news|2025/07/21 20:02:11
BlockBeats News, July 22nd: Digital financial technology group Mercurity Fintech Holding Inc. (NASDAQ: MFH) plunged over 70%, with a market value dropping to $89 million.
Prior to this, Mercurity Fintech Holding Inc. announced a $200 million equity credit agreement with Solana Ventures Ltd. to launch a digital asset treasury strategy based on the Solana blockchain.
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Strategy will issue 5 million shares of STRC stock to raise funds for purchasing Bitcoin.
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