MF International Announces $500 Million Private Placement to Fund Digital Asset Treasury

Reuters
2025.11.21 14:07
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MF International Ltd. has announced a $500 million private placement with institutional investors to fund its digital asset treasury strategy. The transaction includes the sale of 50 million class A ordinary shares and pre-funded warrants at $10.00 each. Proceeds will be used to acquire bitcoin cash and establish digital asset operations, with additional funds for working capital. The private placement is expected to close by December 1, 2026.