Hong Kong -based Ming Shing Group Holdings Limited has bought 333 bitcoins for about 27 million dollars, marking the change in digital assets for the construction company.
acquisition On February 28, 2025, at an average price of $ 81,555 per BTC, its subsidiary was created through the Lead Benefit Limited.
Ming shing, which mainly offers wet trade function services – including plastering, tiling, and masonry – sees bitcoin (BTC) as liquid reserved assets.
The firm said that it intends to use passive funds to capitalize on the potential praise of bitcoin while maintaining flexibility to maintain flexibility to hold on holdings for operating requirements.
Other bitcoin stores
The step aligns with the growing trend among public companies diversifying bitcoins as an alternative treasury asset.
While major firms such as Microstrate and Tesla have purchased high-profile bitcoins, especially in non-technical areas, are searching for digital assets from small companies-Teji.
Venjin Lee, director of Ming Shing, emphasized that the decision aligns with his strategy to increase shareholder price and detect new development opportunities.
