MFH's US stock price fell by more than 70%, and its market value fell to US$89 million

According to BlockBeats, on July 22, digital financial technology group Mercurity Fintech Holding Inc. (NASDAQ: MFH) fell by more than 70%, and its market value fell to US$89 million.

Previously, Mercurity Fintech Holding Inc. announced that it had reached a $200 million equity credit agreement with Solana Ventures Ltd. to launch a digital asset treasury strategy based on the Solana blockchain.