Derived from Jinse, NASDAQ-listed mF International announced it has issued 50 million Class A ordinary shares and pre-funded warrants at $10 per share, raising a total of $500 million. The net proceeds will be used to advance the establishment of a Bitcoin Cash (BCH) digital asset reserve strategy and to purchase other cryptocurrencies for diversifying its balance sheet.
mF International Completes $500M Funding to Build BCH Strategic Reserve
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