Hong Kong’s ming shing group bets $483 million on Bitcoin treasury Ming Shing Group Holdings, a construction company listed on Nasdaq in Hong Kong, stated on Wednesday that it has reached an agreement to purchase 4,250 Bitcoin for approximately $483 million, representing a significant step into digital assets. If finalized, the acquisition would position Ming Shing as the biggest Bitcoin treasury holder in Hong Kong, exceeding Buyaa Interactive International’s 3,350 BTC, as reported by BitcoinTreasuries NET. The firm characterized the investment as a strategy to harness Bitcoin’s possible value increase while enhancing corporate... Rita Dfouni — 6 days ago
