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Daye Wilfred ZhongKei, Chief Strategy Officer of Mercurity Fintech Holding Inc (NASDAQ:MFH), sold a total of 3,365 shares of common stock on October 15 and 16, 2025, for approximately $42,442. The sales were executed in two separate transactions with prices ranging from $11.37 to $14.87. The transactions come amid significant price volatility, with MFH shares down nearly 53% in the past week, according to InvestingPro data.
On October 15, Daye sold 1,195 shares at an average price of $14.87. A day later, on October 16, the CSO sold an additional 2,170 shares at an average price of $11.37. Despite recent volatility, InvestingPro data shows MFH has delivered an impressive 737% return over the past year.
Following these transactions, Daye Wilfred ZhongKei directly owns 38,300 shares of Mercurity Fintech Holding Inc, representing a stake in the company’s $1.02 billion market capitalization. InvestingPro subscribers can access 15 additional investment tips and comprehensive metrics about MFH’s valuation and financial health.
In other recent news, Mercurity Fintech Holding Inc. has been included in the S&P Global Broad Market Index, effective September 22, 2025. This inclusion follows its earlier addition to the Russell 2000 Index, marking significant recognition in global market capitalization. Additionally, Mercurity’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. This agreement will involve blockchain tokenization advisory services, including asset structuring and investor protection. Furthermore, Chaince Securities acted as the exclusive placement agent for Wellchange Holdings Company Limited in a private placement transaction, raising $4 million through the sale of Class A ordinary shares. The subsidiary also completed a $2.6 million placement for Trident Digital Tech Holdings Ltd. In more recent developments, Mercurity Fintech announced that options on its ordinary shares have been approved for trading across multiple U.S. options exchanges.
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