Ming Shing Group

#53 in Public Companies 🇭🇰 Hong Kong MSW ir.ms100.com.hk

Bitcoin Holdings

Ming Shing Group held bitcoin since January 13, 2025.
BTC balance
833
$73.79M
Avg. cost / BTC
$89,250
Profit / Loss
-0.75%

Stock & Financials

Ming Shing Group is trading under the ticker MSW.
Market Cap - Basic
$12M
Market Cap - Diluted
$12M
Enterprise value
$19M
mNAV Basic
0.161
mNAV Diluted
0.161
mNAV EV
0.262

About Ming Shing Group

Ming Shing Group Holdings Limited (MSW), a publicly listed company based in Hong Kong, has emerged as a notable player in the intersection of traditional business and digital assets. With a diverse portfolio spanning construction, engineering, and investment, Ming Shing Group has demonstrated a forward-thinking approach by integrating Bitcoin into its treasury strategy. This move reflects a broader trend among Asian corporates seeking to diversify their balance sheets and hedge against macroeconomic uncertainties.

The company’s Bitcoin strategy is rooted in a belief in the long-term value proposition of Bitcoin as a store of value and a potential hedge against inflation. By allocating a significant portion of its treasury to Bitcoin, Ming Shing Group aims to enhance shareholder value and position itself at the forefront of financial innovation in the region. This approach not only underscores the company’s commitment to technological advancement but also signals confidence in the growing institutional acceptance of Bitcoin.

Ming Shing Group’s proactive stance in acquiring Bitcoin has positioned it as a significant institutional holder in Hong Kong. Its ongoing investments in Bitcoin highlight the company’s role as a pioneer among publicly traded firms in Asia, contributing to the broader legitimization of Bitcoin as a corporate treasury asset. With a total cost basis of $74,345,315, Ming Shing Group’s Bitcoin holdings represent a substantial commitment and a strategic bet on the future of digital assets.

Recent Developments

Ming Shing Group has made several notable moves in recent months to expand its Bitcoin holdings:

  • February 28, 2025: The company’s subsidiary, Lead Benefit (HK) Limited, purchased an additional 333 BTC, as disclosed in a financial statement filed with the SEC. This acquisition further solidifies Ming Shing Group’s position among Asia’s leading corporate Bitcoin holders.
  • January 13, 2025: Ming Shing Group announced the purchase of 500 BTC, as detailed in an official press release. This significant acquisition marked a strategic expansion of the company’s digital asset portfolio.
  • March 11, 2025: The company publicly confirmed its subsidiary’s purchase of 333 Bitcoins, reinforcing its commitment to Bitcoin as a core treasury asset. This announcement emphasized the group’s forward-looking strategy and its intent to remain agile in the evolving digital asset landscape [globenewswire.com].

Ming Shing Group’s ongoing Bitcoin acquisitions underscore its belief in the asset’s long-term potential and its willingness to lead by example in the corporate adoption of digital assets. As the landscape continues to evolve, Ming Shing Group remains a company to watch for those tracking institutional Bitcoin adoption in Asia.

Ming Shing Group — Bitcoin Holdings Over Time

Historical Bitcoin Holdings

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Advanced Metrics

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  • A faded value in the table means that it was carried forward from an earlier date and may be outdated.
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