Mercurity Fintech announces $10 million share repurchase program

Mercurity Fintech Holding Inc. (NASDAQ: MFH) announced a share repurchase program of up to $10 million over the next 12 months, according to a company statement.

The fintech company said the program reflects its commitment to increasing shareholder value as it develops blockchain treasury platform technology focused on Solana and Bitcoin ecosystems.

Mercurity stated it is developing on-chain infrastructure to support programmable treasury reserves, real-time capital deployment, and decentralized liquidity strategies. The company said it is pursuing integrations across staking, custody, and tokenized yield mechanisms.

The repurchases may occur through open market transactions, privately negotiated transactions, or other legally permissible means, depending on market conditions and other factors. The company said the program may be suspended or discontinued at any time.

Mercurity operates as a fintech group offering technology and financial services through subsidiaries including Chaince Securities, LLC. The company provides digital asset management, financial advisory, and capital markets solutions.

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