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Daye Wilfred ZhongKei, Chief Strategy Officer of Mercurity Fintech Holding Inc (NASDAQ:MFH), sold 2,500 shares of common stock for approximately $31,240, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as MFH, currently valued at $822 million, has seen its stock surge over 665% in the past year despite showing significant volatility. According to InvestingPro analysis, the stock appears to be trading above its Fair Value.
The sales occurred in three separate transactions. On October 17, 2025, Mr. Daye sold 500 shares at a weighted average price of $12.60, with prices ranging from $12.00 to $13.00. On October 20, 2025, he sold 1,000 shares at $11.98, with prices ranging from $11.70 to $12.25. The final sale was on October 21, 2025, where he sold 1,000 shares at $12.96, with prices ranging from $12.50 to $13.75.
Following these transactions, Mr. Daye directly owns 35,800 shares of Mercurity Fintech Holding Inc.
In other recent news, Mercurity Fintech Holding Inc. has been included in the S&P Global Broad Market Index (BMI), effective September 22, 2025. This inclusion follows its earlier addition to the Russell 2000 Index, marking a significant step for the company in terms of market representation. Additionally, Mercurity Fintech’s subsidiary, Chaince Securities, LLC, has entered into an advisory agreement with a U.S. mining company to provide tokenization consulting services for a gold mining project in Central America and Northwestern Argentina. In the realm of financial transactions, Chaince Securities acted as the exclusive placement agent for Wellchange Holdings Company Limited in a recent $4 million private placement transaction, which closed on September 4, 2025. Furthermore, Chaince Securities completed its role as the exclusive placement agent for Trident Digital Tech Holdings Ltd in a $2.6 million private placement of securities. In another development, Mercurity Fintech announced that options on its ordinary shares have been approved for trading across multiple U.S. options exchanges. These recent developments reflect Mercurity Fintech’s expanding activities in the financial and technological sectors.
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