Mercurity Fintech Holding Inc. Officially Joins Russell Microcap® Index
February 06 2025 - 3:00AM
Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our
company,” or “MFH”) (Nasdaq: MFH), a digital fintech group, today
announced its inclusion in the FTSE Russell Microcap® Index,
marking a significant milestone in the Company's growth trajectory.
Inclusion in the Russell Microcap Index
positions MFH among a select group of promising growth companies
and enhances its visibility within the investment community. The
Russell indexes are widely recognized as key benchmarks for
investment managers and institutional investors, who rely on them
for index funds and active investment strategies. As of the end of
2024, the Company has observed increased passive equity holdings
from leading global financial institutions, including BlackRock,
UBS Group AG, and Citigroup, which may be influenced, in part, by
the Company’s inclusion in the Russell Microcap Index. The Company
believes its inclusion in the Russell Microcap Index has positively
impacted its shareholder structure and has contributed to increased
recognition and credibility among institutional investors.
Shi Qiu, CEO of Mercurity Fintech Holding Inc., said, "This
milestone reflects our tremendous growth and highlights the
strength of our business as we continue to expand in AI hardware
intelligent manufacturing and advanced liquid cooling solutions.
Our inclusion in the Russell Microcap Index validates our strategic
direction and underscores the value we're creating in AI hardware
manufacturing sector."
Membership in the Russell Microcap Index, which remains in place
for one year, is subject to annual or periodic reconstitution by
FTSE Russell and depends on the Company meeting the requisite
criteria at the time of such reconstitution. FTSE Russell
determines membership for its Russell indexes primarily by
objective, market-capitalization rankings, and style
attributes.
"We are honored to be recognized alongside other promising
companies in the Russell Microcap Index," continued Qiu. "This
achievement opens up new opportunities for visibility and
investment, and we look forward to the continued journey ahead as
we strive to innovate and deliver value to our shareholders."
About Mercurity Fintech Holding
Inc.Mercurity Fintech Holding Inc. is a digital fintech company
with subsidiaries specializing in distributed computing and
financial brokerage business. In addition to our fintech
operations, we are actively contributing to the evolution of AI
hardware technology by providing secure, cutting-edge solutions in
intelligent manufacturing and advanced liquid cooling systems. Our
dedication to compliance, innovation, and operational excellence
ensures that we remain a trusted partner in both the rapidly
transforming digital financial landscape and the dynamic AI
technology sector. For more information, please visit the Company’s
website at https://mercurityfintech.com.
Forward-Looking Statements This
announcement contains forward-looking statements within the meaning
of the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. All statements other than statements of
historical fact in this announcement are forward-looking
statements. These forward-looking statements involve known and
unknown risks and uncertainties and are based on current
expectations and projections about future events and financial
trends that the Company believes may affect its financial
condition, results of operations, business strategy and financial
needs. Investors can identify these forward-looking statements by
words or phrases such as “may,” “will,” “expect,” “anticipate,”
“aim,” “estimate,” “intend,” “plan,” “believe,” “potential,”
“continue,” “is/are likely to” or other similar expressions. The
Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results.
For more information, please
contact:International Elite Capital Inc.Vicky ChuengTel:
+1(646) 866-7989Email: mfhfintech@iecapitalusa.com
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