NASDAQ listed MFI recently raised $500 Million to acquire B…
NASDAQ listed MFI recently raised $500 Million to acquire Bitcoin Cash as a treasury asset
Dawei Yuan is the new CEO of MFI, Dawei was the co-founder and CTO of Huobi
Galaxy Digital and CZ invested in the MFI $500 Million private funding
Theoretically MFI could buy more BCH than Satoshi Nakamoto holds
Anyone that isn't a CSW Toxic BSV Maxi they might find that of interest
BCH Hashrate has doubled in the past year, the BCH spot price is up +20% while BTC is down -20%
Replies
BCH still does not scale
A new BCH address has added 400,000 BCH since December 16th.
MFI have not reported any BCH buys or BCH treasury holdings yet
https://bitinfocharts.com/top-100-richest-bitcoin%20cash-addresses.html
Link to MFI SEC Filings:
https://www.nasdaq.com/market-activity/stocks/mfi/sec-filings