US-listed company mF International plans to raise $500 million to establish a BCH treasury.

Odaily Planet Daily reports that Nasdaq-listed mF International announced a $500 million fundraising plan through a private placement (PIPE) of 50 million Class A ordinary shares and prepaid warrants to accredited institutional investors at $10.00 per share. The transaction is expected to close on December 1, 2025, and the proceeds will be used to purchase Bitcoin Cash and establish a related digital asset treasury. (stocktitan)