New York, NY, June 11, 2025 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the "Company," "we," "us," "our company," or "MFH") (Nasdaq: MFH), a digital fintech group, today announced its plans to raise $800 million to establish a long-term Bitcoin treasury reserve. Through this fundraising effort, MFH aims to leverage its established expertise in blockchain-driven financial infrastructure to strategically acquire and manage Bitcoin assets. The Company also plans to integrate these holdings into its dig ...

DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to Solana (SOL). Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged ...

wasn't the last conversation that we're having of day one. Uh it's been fantastic day here in Paris. Uh Cointelegraph obviously doing a live stream in partnership with Proof of Talk and I'm now joined by Aayen Chen from Trust Wallet.Awen, it's great to chat to you again. Um I've had the pleasure quite a few times in my career. Um first of all, how are you enjoying Paris. How are you enjoying the event.Oh, I love Paris. I think it's beautiful weather, beautiful environment, and then people are intellectually ...

Industry Overview - The financing leasing industry is defined as a non-bank financial form where the lessor purchases the selected leased object from a third party at the request of the lessee and enters into a lease contract to rent it to the lessee for a fee [1] - Financing leasing can be categorized based on the nature of the enterprise into financial leasing, domestic leasing, and foreign leasing [2] Industry Chain Analysis - The industry chain involves three main parties: suppliers, lessors, and lessees. The upstream includes suppliers and banks providing financial support, the midstream consists of financing leasing companies, and the downstream lessees are primarily in sectors like aviation, construction, printing, medical, and automotive leasing [3] Industry Development History - The financing leasing business in China began around 1980, transitioning through various phases including initial growth, adjustment, and regulation. From 2011 to 2017, the industry experienced rapid growth, but since 2018, the number of enterprises has stabilized, and the total balance of leasing contracts has slightly declined, indicating a period of adjustment [7] Policy Background - The National Financial Regulatory Administration is the main regulatory body overseeing the financing leasing industry, responsible for formulating and implementing operational and regulatory rules. Recent government policies have focused on supporting green financing, equipment financing, and financing for small and medium-sized enterprises [10][12] Current Industry Status - The total balance of financing leasing contracts has been declining since 2019, with an estimated balance of approximately 54,600 billion RMB by the end of 2024, reflecting a decrease of about 1,800 billion RMB or 3.2% from 2023 [13] - Financial leasing continues to dominate the market, accounting for 43.0% of the total contract balance, while domestic leasing holds 35.5% and foreign leasing 17.3% as of mid-2024 [14] - The number of financing leasing enterprises is approximately 8,671, showing a stable trend overall [16] - Foreign leasing enterprises remain a significant force, but their proportion has slightly decreased, with domestic leasing enterprises increasing from 2.86% in 2016 to 5.19% by mid-2024 [17] Market Scale and Competition - The financing leasing market in China has shown stable demand, with a projected scale exceeding 30 trillion RMB in 2024. Major players include companies like Far East Horizon, China Merchants Jinling, and Industrial Bank Leasing [25] - The competitive landscape is characterized by a multi-tiered structure, with high-end markets predominantly led by international brands [21] Future Development Trends - The financing leasing industry is expected to evolve towards greater standardization, greening, digitization, and concentration, adapting to policy and market changes to promote sustainable growth [27][28] - Despite a slowdown in overall development since 2024, the market demand remains stable, with an anticipated annual growth rate of around 5% over the next six years [31]

Norsk Hydro ASA has successfully issued EUR 500 million of senior unsecured European Green Bonds (EuGB) under its Euro Medium Term Note (EMTN) Programme. The new bond has a tenor of 8 years and a fixed annual coupon of 3.75 percent (3.779 percent reoffer yield). "We are delighted to have completed such a successful placement and issued our inaugural EuGB. The strong interest confirms that Hydro is considered an attractive investment for bond investors supporting our strategy of pioneering the green aluminiu ...

BOCA RATON, FL, June 10, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the "Company" or "DeFi Dev Corp."), the first US public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today announced a strategic partnership with Exponent, a leading Solana-native yield strategy platform. This collaboration will see dfdvSOL, a liquid staking token (LST) adopted by DeFi Dev Corp., integrated into Exponent's innovative fixed-yield and leverage yield farming vaults. Wit ...

Core Insights - The company reported a modest decrease in Bitcoin mined due to the relocation of approximately 800 machines from Kentucky to Oklahoma, but its Bitcoin holdings increased to 155 Bitcoin valued at over $16 million, equating to $3.16 per share [1][2] - The revenue generated from power curtailment activities is seen as a strategy to mitigate exposure to energy and Bitcoin price volatility, enhancing capital efficiency and supporting long-term treasury accumulation [1][3] - The operational metrics for May 2025 indicate a total of 4,320 operational machines and a hashrate of 0.48 EH/s in Oklahoma, with a total hashrate remaining stable at 0.61 EH/s [4] Financial Performance - As of May 31, 2025, the estimated value of the company's Bitcoin holdings was approximately $16.2 million, based on a Bitcoin price of around $104,600, while the stock share price was $1.93 [2] - The company mined 6.3 Bitcoin in May 2025, down from 6.6 Bitcoin in April 2025, with no Bitcoin sold during May [4] Company Overview - LM Funding America, Inc. operates as a Bitcoin mining and specialty finance company, founded in 2008 and based in Tampa, Florida [3]

HONG KONG, June 10, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly-expanding leader in Bitcoin mining, today provided an update on its comprehensive strategic transformation, marked by a series of recently completed transactions and finalized agreements that have repositioned the Company as a well-capitalized leader in the global Bitcoin mining sector.Key Transformation Initiatives and Timeline: May 27, 2025: Cango divested all PRC-based operations and announced changes t ...

The strategic move follows the successful integration of NETSOL's Flex and Dock solutions in August 2024 and marks a significant step in Charles and Dean's commitment to scaling operations and enhancing service delivery.ENCINO, Calif., June 10, 2025 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, has announced that Charles and Dean, one of the United Kingdom's leading independent finance brokers, has expanded its adoptio ...

6 June 2025 Weekend Tech Byte: Stablecoins — are they a big deal? Harshita Rawat, CFA +1 917 344 8485 harshita.rawat@bernsteinsg.com Gautam Chhugani +91 226 842 1416 gautam.chhugani@bernsteinsg.com Stacy A. Rasgon, Ph.D. +1 213 559 5917 stacy.rasgon@bernsteinsg.com Nikhil Devnani, CFA +1 917 344 8425 nikhil.devnani@bernsteinsg.com Mark L. Moerdler, Ph.D. +1 917 344 8506 mark.moerdler@bernsteinsg.com Laurent Yoon +1 917 344 8502 laurent.yoon@bernsteinsg.com Peter Weed +1 917 344 8390 peter.weed@bernsteinsg.c ...