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Mercurity Fintech Holding
(NASDAQ:MFH)
Mercurity Fintech Holding (MFH) vs. SPDR S&P 500 ETF (SPY)
Mercurity Fintech Holding Business Overview & Revenue Model
Mercurity Fintech Holding Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.01M | 445.93K | 863.44K | 670.17K | 1.48M |
| Gross Profit | -375.51K | -978.38K | -517.16K | -32.51K | 1.33M |
| EBITDA | -2.11M | -7.90M | -5.85M | -13.31M | 166.58K |
| Net Income | -4.53M | -9.36M | -5.63M | -18.62M | -807.75K |
Balance Sheet | |||||
| Total Assets | 35.69M | 30.40M | 18.89M | 9.94M | 10.96M |
| Cash, Cash Equivalents and Short-Term Investments | 24.87M | 18.44M | 7.45M | 440.64K | 174.78K |
| Total Debt | 7.78M | 9.63M | 904.13K | 0.00 | 0.00 |
| Total Liabilities | 11.60M | 12.56M | 2.06M | 1.37M | 708.50K |
| Stockholders Equity | 24.09M | 17.83M | 16.83M | 8.57M | 10.25M |
Cash Flow | |||||
| Free Cash Flow | -3.58M | -5.79M | -589.64K | -4.01M | -613.54K |
| Operating Cash Flow | -3.57M | -2.79M | -582.42K | -4.01M | -595.68K |
| Investing Cash Flow | 3.79M | -7.84M | -32.22K | 2.59M | -10.15K |
| Financing Cash Flow | 7.58M | 19.30M | 7.72M | 1.68M | 300.00K |
Mercurity Fintech Holding Technical Analysis
Mercurity Fintech Holding Risk Analysis
Mercurity Fintech Holding Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | 973.94M | -8.80 | 6.11% | ― | 14.65% | -240.80% | |
58 Neutral | 266.20M | -566.67 | 124.12% | ― | -3.35% | 99.18% | |
47 Neutral | 11.95M | -9.55 | 0.00% | ― | 31.69% | 86.25% | |
47 Neutral | 229.69M | -4.10 | 0.00% | ― | 373.29% | -209.98% | |
44 Neutral | $554.69M | ― | -21.63% | ― | 125.92% | 53.50% | |
37 Underperform | 18.07M | -0.30 | 0.00% | ― | -13.86% | -32.19% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
Mercurity Fintech Holding Corporate Events
On September 15, 2025, Mercurity Fintech Holding Inc. held its annual shareholder meeting where several key decisions were made. Shareholders elected six directors to the board, ratified the appointment of Onestop Assurance PAC as the independent registered public accountants, approved a name change to Chaince Digital Holdings Inc., and endorsed the MFH 2025 Equity Incentive Plan. These decisions reflect the company’s strategic direction towards strengthening its governance and aligning its identity with its digital financial services focus.
On September 8, 2025, Mercurity Fintech Holding’s subsidiary, Chaince Securities, LLC, announced a strategic collaboration with OGBC Group Pte. Ltd. to launch a Digital Asset Treasury (DAT) fund strategy. This partnership aims to bridge digital assets and traditional capital markets by advising on blockchain projects in Asia and facilitating their integration into U.S. public markets. This initiative positions Chaince Securities and OGBC Group at the forefront of digital and traditional finance, potentially expanding opportunities for blockchain innovators and investors while ensuring regulatory compliance.
On August 22, 2025, Mercurity Fintech Holding Inc. announced a significant increase in institutional ownership following its inclusion in the Russell 2000 index. Major institutional investors such as BlackRock, State Street, and Vanguard have reported holdings in MFH, reflecting a broader and more diverse institutional base. While these acquisitions are primarily index-driven, MFH views this as an acknowledgment of its fintech and digital asset platform development. The increased institutional presence is expected to bring more liquidity to MFH’s stock and enhance its visibility within the investment community.
On August 25, 2025, Mercurity Fintech Holding Inc. announced the appointment of Peter Nobel as Independent Director and Wilfred Daye, Chief Strategy Officer, as Director to its Board of Directors. Peter Nobel, a prominent figure in global sustainability and a member of the Nobel family, is expected to guide MFH in aligning financial innovation with sustainability and transparency. This strategic move is anticipated to enhance MFH’s governance and strategic capabilities, positioning the company at the forefront of integrating traditional finance with next-generation digital assets.
Mercurity Fintech Holding Inc. announced its 2025 Annual General Meeting of Shareholders, scheduled for September 15, 2025. Key proposals include the re-election of directors, ratification of the appointment of independent accountants, a name change to Chaince Digital Holdings Inc., and the approval of the 2025 Equity Incentive Plan. These proposals, if approved, could impact the company’s strategic direction and governance structure. The Board recommends a vote in favor of all proposals.
On August 20, 2025, Mercurity Fintech Holding Inc. announced the appointment of Peter Nobel as an independent director and Wilfred Daye as a director. Peter Nobel, known for his leadership in clean energy and industrial technology, brings extensive experience in strategic consulting and technological innovation. Wilfred Daye, with a background in financial markets and fintech, has led significant advancements in digital asset management. These appointments are expected to strengthen the company’s strategic direction and enhance its leadership in the fintech industry.
On August 4, 2025, Mercurity Fintech Holding Inc. entered into a definitive securities purchase agreement with institutional investors for a private placement of its ordinary shares, which closed on August 17, 2025. The company raised $6 million in gross proceeds, which it plans to use to further its Digital Asset Treasury strategy. This financing is expected to strengthen the company’s balance sheet and provide additional financial flexibility to pursue growth opportunities in the digital asset landscape.
On July 21, 2025, Mercurity Fintech Holding Inc. announced a $200 million Equity Line of Credit Agreement with Solana Ventures Ltd. to launch its Solana-based digital asset treasury strategy. This strategic initiative positions MFH as a significant institutional participant in the Solana ecosystem, focusing on accumulating Solana-based assets, generating long-term yield through decentralized finance protocols, and investing in Solana-based projects. This move signifies MFH’s evolution beyond fintech infrastructure to engage directly in decentralized networks, enhancing its industry positioning and potential value creation.
Mercurity Fintech Holding Inc. announced a registered direct offering of $43.70 million in securities to support its crypto treasury strategy and development of on-chain financial tools. However, due to market conditions and unforeseen challenges, the offering announced on July 21, 2025, was not consummated by July 29, 2025, impacting the company’s plans to advance its crypto treasury strategy and potentially affecting its stakeholders.
On July 17, 2025, Mercurity Fintech Holding Inc. announced a $200 million Equity Line of Credit Agreement with Solana Ventures Ltd., providing strategic flexibility to access capital for Solana-based staking operations and decentralized yield-generation protocols. This initiative aims to position MFH as a long-term institutional participant in the Solana ecosystem, expanding its focus beyond fintech infrastructure into high-performance, on-chain treasury deployment and protocol engagement.
On July 14, 2025, Mercurity Fintech Holding Inc. announced the launch of its $500 million ‘DeFi Basket’ Treasury, marking a significant expansion in its decentralized finance strategy. This initiative focuses on integrating with the Solana ecosystem while diversifying into other digital assets like Ethereum, Ripple, Cardano, and BNB. The move is expected to enhance MFH’s on-chain financial infrastructure and balance sheet diversification, aiming to position the company as a leader in the digital asset industry. The company plans to use existing cash reserves and future fundraising to acquire these assets, ensuring compliance with regulatory standards.
On June 30, 2025, Mercurity Fintech Holding Inc. announced its official inclusion in the Russell 2000 Index, effective after the market close on June 27, 2025. This inclusion marks a significant milestone for the company, enhancing its market visibility and access to a broader base of institutional investors. The company’s strategic focus on blockchain-based financial infrastructure is validated by this achievement, potentially increasing awareness and visibility among professional investment managers. The inclusion in the Russell 2000 and Russell 3000 Indexes reflects Mercurity Fintech’s growing market presence and positions it to capitalize on increased institutional awareness.