MFI Raises $500 Million for Bitcoin Cash Treasury Strategy
mF International Limited executed a private placement to secure $500 million. The capital supports a new digital asset treasury focused on Bitcoin Cash.
mF International Limited (NASDAQ: MFI) raised $500 million in a private placement. The funds are allocated to a digital asset treasury strategy. This initiative prioritizes investments in Bitcoin Cash and other digital assets. The company completed this financing in December 2025.
The move follows a leadership change in late 2025. Dawei Yuan became Chief Executive Officer on November 25, 2025. Yuan brings experience from fintech and blockchain infrastructure. He previously founded ColdLar Wallet and co-founded the Huobi exchange. His background guides the company's new crypto focus.
Bitcoin Cash Treasury Execution
MFI is building a digital asset treasury centered on Bitcoin Cash. The company cites low transaction fees as a key benefit. It also views the asset as undervalued relative to bitcoin. MFI believes Bitcoin Cash has potential as a global payment platform.
The firm is expanding its on-chain production capacity. These operations support network security and generate digital asset yield. Bitcoin Cash has a fixed supply cap of 21 million coins. This limit is designed to preserve value over time. The protocol allows for global transfers with minimal costs.
Insurance License Application
MFI plans to apply for a Bermuda Class IILT Insurance License. This regulatory step is required for its next phase. The company intends to operate within the Bermuda Monetary Authority Sandbox. Success in the sandbox leads to a full Class IILT license. This framework facilitates innovative insurance products.
The strategy includes launching crypto-denominated life insurance. This business line relies on the specialized regulatory license. The Bermuda Monetary Authority oversees the approval process. MFI must secure these approvals before full operations begin. This expands the company's service offerings into regulated insurance.
Market Context and Analysis
The global crypto market faced volatility during this period. Bitcoin Cash prices appreciated in recent weeks. The price action remained volatile. MFI reports significant growth in its BCH holdings since year-end 2025. These holdings support the firm's treasury goals.
The company launched new corporate and investor relations websites. These platforms outline the strategic direction for the digital asset ecosystem. The transition emphasizes building infrastructure for the crypto space. This shift marks a distinct departure from previous activities. The firm aims to compound shareholder value through these assets.
