MFH

Mercurity Fintech Holding
MFH

$1.23

0%

Market Cap: $74.8M

About: Mercurity Fintech Holding Inc is a digital fintech company powered by blockchain technology. The company's scope of business includes digital asset trading, asset digitization, cross-border remittance, and other services, providing compliant, professional, and efficient digital financial services to its customers. The group is also engaged in Bitcoin mining, digital currency investment, and trading, continuing its expansion to online and traditional brokerage services and other related fields.

Employees: 9

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

165% more capital invested

Capital invested by funds: $79.1K [Q1] → $210K (+$131K) [Q2]

0.04% more ownership

Funds ownership: 0.12% [Q1] → 0.16% (+0.04%) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 1

17% less funds holding

Funds holding: 6 [Q1] → 5 (-1) [Q2]

50% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 2

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Research analyst outlook

We haven’t received any recent analyst ratings for MFH.

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Financial journalist opinion

Mercurity Fintech Holding Inc. Announces $6 Million Private Placement Financing

New York, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a digital fintech group, is pleased to announce that on November 30, 2023, it priced a private investment in public equity (“PIPE”) offering, through which it sold an aggregate of 14,251,781 units of its securities, each consisting of one (1) ordinary share and three (3) warrants, to one non-U.S. institutional investor at an offering price of $0.421 per unit, for the gross proceeds of $6 million (the "Gross Proceeds"), prior to the deduction of fees and offering expenses payable by the Company. The warrants are exercisable to purchase up to a total of 42,755,344 ordinary shares, for a period of three years commencing from November 30, 2023, at an exercise price of US$1.00 per ordinary share.

Mercurity Fintech Holding Inc. Announces $6 Million Private Placement Financing

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