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

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On July 22, the digital financial technology group Mercurity Fintech Holding Inc. (Nasdaq: MFH) dropped by over 70%, with its market value falling 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.

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