mF International will raise $500 million through a private sale to establish a Bitcoin Cash treasury.

GateNews

ChainCatcher news, Nasdaq-listed company mF International announced a private sale of 50 million Class A common shares at $10 per share to qualified institutional investors to raise $500 million. The funds raised will be used for general corporate operations and will also be used to purchase Bitcoin Cash and establish a related digital asset treasury. This financing transaction is expected to be completed on December 1.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Giant whale: “First set 10 big goals” to cut off BTC short positions, losing about $5 million

According to analyst monitoring, on April 14, a whale trader stopped out 2,567.49 BTC when the market was rising, resulting in a loss of about $5 million due to geopolitical factors that affected the original plan. He previously profited $21.76 million in March, and now he has decided to temporarily stop trading.

GateNews7m ago

BTC 15-minute gain of 0.49%: driven by ETF inflows and a synchronized buildup in derivatives long positions

2026-04-13 22:45 to 2026-04-13 23:00 (UTC), the BTC price recorded a +0.49% return, rapidly fluctuating within the 74148.0 to 74741.9 USDT range, with a swing of 0.80%. During the anomaly window, market attention increased; spot and derivatives trading became active, and volatility intensified. The main driver behind this anomaly is that sustained net inflows into ETFs strengthen buy-side demand in the spot market, while long positions in the derivatives market add leverage; overall, the funding rate remains biased to the upside. BTC perpetual contract open interest rose in tandem, indicating leverage as well

GateNews1h ago

BTC 24H上涨 5.06%,现价 74134.5 USDT

Gate News bot message, Gate market data shows, BTC is up 5.06% over the past 24 hours, and the current price is 74134.5 USDT.

CryptoRadar2h ago
Comment
0/400
Mert55vip
· 2025-11-22 16:03
Watching Closely 🔍
Reply0
FarhanAlivip
· 2025-11-22 10:34
beautiful amazing fantastic 😍
Reply0