US stock MFH fell more than 70%, with market value dropping to $89 million

According to BlockBeats, on July 22nd, digital fintech group Mercuria Fintech Holding Inc. (NASDAQ: MFH) fell more than 70%, with its market value dropping to $89 million. Previously, Mercurity Fintech Holding Inc. announced a $200 million equity credit agreement with Solana Ventures Ltd. to launch a digital asset treasury strategy based on the Solana blockchain.