MFI.O Surges 18% on Funding Announcement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 24 Nov 25
Shares of mF International Limited (MFI.O) surged 18.17% today, closing at $13.07, following the company's announcement of a $500 million private placement aimed at bolstering its digital asset treasury strategy. The stock crossed above its 5-day simple moving average (SMA), indicating a potential bullish trend as investor sentiment improves. The funding will support operations focused on acquiring Bitcoin and cover general corporate expenses, with the issuance of 50 million Class A shares priced at $10 each expected to close around December 1, 2026. This strategic move comes despite a generally bearish market, showcasing strong investor interest in digital assets.
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About MFI
MF International Ltd is a holding company principally engaged in the provision of information technology (IT) services. The Company is principally engaged in the operation and supply of finance trading platforms, customer relationship management systems, liquidity solutions as well as others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
