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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
Globenewswire· 2025-07-22 13:15
Core Insights - Mercurity Fintech Holding Inc. announced a share repurchase program of up to $10 million over the next 12 months, reflecting confidence in its long-term strategy and commitment to increasing shareholder value [1][2]. Group 1: Share Repurchase Program - The repurchase initiative is part of Mercurity's strategy to enhance shareholder value while advancing its blockchain treasury platform, focusing on Solana and Bitcoin [2][3]. - Repurchases may occur through open market transactions, privately negotiated transactions, or other legally permissible means, depending on market conditions [5]. Group 2: Blockchain Treasury Development - The company is scaling its multi-chain treasury roadmap, developing on-chain infrastructure for programmable treasury reserves, real-time capital deployment, and decentralized liquidity strategies [3]. - Mercurity is pursuing integrations across staking, custody, and tokenized yield mechanisms to create a modern treasury framework for public companies operating on-chain [4]. Group 3: Company Overview - Mercurity Fintech Holding Inc. is a fintech group leveraging blockchain infrastructure to offer technology and financial services, aiming to bridge traditional finance and digital innovation [6].