Mercurity Fintech (MFH) Stock Skyrockets 1,400% in Crypto & AI Boom – Next Fintech Breakout or Bubble?
Mercurity Fintech Holding Inc. (NASDAQ: MFH) stock surged over 1,300% year-to-date in 2025, reaching an all-time high near $30 and a market cap close to $1.3 billion. The New York-based blockchain fintech shifted strategy to invest up to $500 million in crypto assets, backed by a $200 million Solana Ventures credit line. MFH joined the Russell 2000 and S&P Global indices this year. Full-year 2024 revenue was $1.01 million, with a $4.5 million net loss.