** Shares of Mercurity Fintech Holding MFH.O rise 25.8% to $7.03
** MFH raises $8 mln in a private placement
** Says institutional investor purchased about 1.37 mln shares of MFH at $5.87 per share
** MFH says it intends to use this funding to develop its business in AI hardware intelligent manufacturing and advanced liquid cooling solutions
** MFH gained ~172% in 2024
(Reporting by Kamal Choudhury in Bengaluru)
((Kamal.Choudhury@thomsonreuters.com;))
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