- Mercurity Fintech (MFH, Financial) announces a $10 million share repurchase program over the next 12 months.
- The program aims to boost confidence in the company's Solana and Bitcoin treasury strategy.
- Repurchases will be executed through open market transactions, private negotiations, or other legal means.
Mercurity Fintech Holding Inc. (MFH) has unveiled a strategic $10 million share repurchase program set to unfold over the coming year. This initiative underscores the company's robust confidence in its blockchain treasury platform strategy, centering on Solana and Bitcoin as its core ecosystems.
The company's objective with this buyback initiative is to augment shareholder value and bolster the market's trust in its forward-thinking treasury strategies. By focusing on leveraging Solana's rapid transaction capabilities and Bitcoin's enduring stability, Mercurity aspires to build a resilient on-chain infrastructure that supports programmable treasury reserves, real-time capital deployment, and decentralized liquidity solutions.
Repurchase transactions under this program will be flexible, occurring through open market operations, privately negotiated deals, or other permissible means, contingent on market conditions and prevailing regulations. While the program spans 12 months, it comes with the discretion to suspend or cease activities at any point according to the company's strategic needs.
This announcement positions Mercurity Fintech as a leading innovator in the realm of blockchain-native treasury and digital asset management, reaffirming its commitment to bridging traditional finance with groundbreaking digital solutions.
