Mercurity Fintech Gains S&P Global BMI Inclusion, Plans $800M Bitcoin Treasury

Executive Summary

Nasdaq-listed Mercurity Fintech Holding Inc. has been added to the S&P Global Broad Market Index (BMI), effective September 22, 2025, signaling increased institutional confidence, and concurrently announced plans to raise $800 million for a long-term Bitcoin treasury, impacting crypto-centric company valuations.

The Event in Detail

Mercurity Fintech Holding Inc., a blockchain-powered fintech group, announced its inclusion in the S&P Global BMI, effective September 22, 2025. This inclusion in an index designed to capture the global investable equity universe, spanning 48 developed and emerging markets and representing over 99% of available market capitalization, makes Mercurity Fintech eligible for consideration in additional S&P indices. Concurrently, the company has declared plans to raise $800 million to establish a long-term Bitcoin treasury reserve. This initiative is intended to integrate digital assets into its financial strategy and offer blockchain-native custody, staking integration, and tokenized fund management services.

Financial Mechanics

The planned $800 million capital raise by Mercurity Fintech is designated for building a Bitcoin treasury reserve. If fully realized at prevailing market prices, this capital could facilitate the acquisition of approximately 7,433 BTC. Such an acquisition would position Mercurity Fintech as potentially the 11th largest corporate holder of Bitcoin, surpassing companies like GameStop, which holds 4,710 BTC. The company intends to transition a portion of its treasury into a yield-generating, blockchain-aligned reserve structure. This framework will employ institutional-grade custodial infrastructure, blockchain-native liquidity protocols, and staking-enabled capital efficiency tools to reinforce long-duration asset exposure and balance sheet resilience.

Business Strategy & Market Positioning

Mercurity Fintech's strategy to establish a Bitcoin treasury reserve aligns with its belief that Bitcoin will become an essential component of future financial infrastructure. Shi Qiu, CEO of Mercurity Fintech Holding Inc., stated, "We are positioning our company to be a key player in the evolving digital financial ecosystem." This move follows the company's prior inclusion in the Russell 2000® Index and Russell 3000® Index, representing an upgrade from the Russell Microcap Index. This progression signifies increasing recognition of the company's value creation in blockchain finance. The strategy mirrors a broader corporate trend, with 223 companies and entities now holding Bitcoin, up from 124 earlier in the month, with public firms collectively holding over 819,000 BTC, approximately 3.9% of the total supply. Unlike MicroStrategy's qualitative exclusion from the S&P 500 due to perceived Bitcoin volatility risks, Mercurity Fintech's inclusion in the S&P Global BMI suggests a more receptive environment for blockchain-powered fintech groups in mainstream indices.

Market Implications

Inclusion in the S&P Global BMI is expected to increase investor interest, enhance liquidity, and broaden market recognition for Mercurity Fintech, as index-tracking funds and institutional portfolios gain exposure through passive investment strategies. As of September 2025, approximately 80 institutional investors, including major index funds and ETFs, hold shares in Mercurity Fintech, underscoring its growing institutional visibility. The establishment of a substantial Bitcoin treasury by a Nasdaq-listed entity further accelerates institutional integration of cryptocurrencies and sets a precedent for more crypto-centric companies to be incorporated into mainstream financial indices. This trend, bolstered by the approval of U.S. spot Bitcoin ETFs in Q3 2025 which attracted $118 billion in institutional inflows, indicates a continued drive of capital into the crypto ecosystem.

Expert Commentary

Shi Qiu, CEO of Mercurity Fintech Holding Inc., emphasized the strategic importance of these developments: "We are honored that, following our inclusion in the Russell 2000® Index, Mercurity Fintech has now also been successfully added to the S&P Global BMI, another significant milestone for Mercurity Fintech as we continue to innovate at the intersection of blockchain technology and traditional finance." He further added, "This recognition reflects our strategic approach to bridging digital assets and capital markets and helps position us for growth as investors increasingly seek exposure to next-generation fintech companies." Regarding the Bitcoin treasury, Qiu reiterated, "We're building this Bitcoin treasury reserve based on our belief that Bitcoin will become an essential component of the future financial infrastructure."

Broader Context

The actions taken by Mercurity Fintech occur within a period of increasing corporate and institutional adoption of Bitcoin. Public companies collectively hold a significant amount of Bitcoin, and the asset's price reached $124,000 in late 2025, driven by corporate buying and regulatory clarity. This highlights Bitcoin's growing resilience and its potential decoupling from equity market volatility. While MicroStrategy faced challenges with S&P 500 inclusion despite meeting quantitative criteria, the market's appetite for crypto-linked equities is expanding, with 35 companies now holding at least 1,000 BTC each. Mercurity Fintech's dual strategy of index inclusion and substantial Bitcoin treasury signals continued maturation and institutionalization of the digital asset space within the traditional financial markets.