Mercury Fintech Holding, an infrastructure for the digital group based on the Fintech Building Group, is planning a $ 800 million to create a treasury reserve in Bitcoin where more coded currency companies are adopted for strategic purposes.
The company said in the framework of the digital reserve on Wednesday, the company said in the framework of the digital reserve on Wednesday, the company said in the framework of the digital reserve through the “long -term reserve”, Mercury plans to raise $ 800 million to create Bitcoin (BTC) “in the long term”, which will be combined in the frame of the digital reserve through the original nursery in Blockchain, And the completion of the distinctive treasury. advertisement.
Merconum said it would move part of her cabinet to “a reserve structure listed on the return, and enhances exposure to long -term assets and flexibility of the public budget.”
By creating a bitcoin cabinet for companies, the company aims to put itself to become a “major player in the advanced digital financial ecosystems system,” said Xi Chio, CEO of Mercury Finetech, adding:
“We are building the Bitcoin Reserve of the Treasury based on our belief that Bitcoin will become an essential component of future financial infrastructure.”
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The $ 800 million capital will be able to buy about 7,433 BTC at current prices.
This would make Mercury to have a eleventh of Bitcoin in the world after Galaxy Digital Holdings, bypassing Gamestop 4,710 BTC, bitbo Data appears.
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Bitcoin adoption for companies in height, 223 btc companies
This indicates an increasing institutional interest, at least 223 public companies that now keep Bitcoin as part of the companies of the companies, an increase of only 124 companies on June 5.
More than 819000 BTC, represents 3.9 % of the total offer, is now held in public treasury bonds, according to data from Bitcointreasuries.net.
A spokesman for Binance Research told Cointelegraph, adding:
“BTC’s adoption of companies is a long -term public budget strategy, a diversification of treasury and capital raising activity.”
Altcoins also benefits from the increasing institutional interest. Interactive Strength, a fitness company listed on the NASDAC Stock Exchange, has announced plans to raise up to $ 500 million to create a symbolic wardrobe, according to COINTLAPH on Wednesday.
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