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The Hong Kong construction giant Ming Shing Group is expected to become the 16th largest company Bitcoin holder on a global scale after agreeing to buy 4,250 BTC worth $ 482.9 million.
The BTC will be acquired from the winning mission group registered in the British virgin islands at an average price of $ 113,638 through convertible tickets and action mandates instead of cash, reflecting the long -term strategy of Ming Shing to improve the value of shareholders thanks to digital assets.
If the agreement ends as planned by December 31, the assets of the company would reach 5,083 BTC, which makes it the 16th largest business bitcoin holder on a global scale on the basis of today’s rival assets.
The announcement made that the company’s shares rose more than 11% before the for -profit reduction gains.
Action prize for the Ming Shing group (Source: Google Finance))
Ming Shing Group to issue convertible order tickets and action mandates
Private tickets are a type of IOU which can later be transformed into the company’s shares, while the mandates give to gain the possibility of buying actions at a fixed price in the future.
The transaction will imply a third of the name of Rich Planty Investment Limited, which will receive half of the value of the agreement. As such, this third party and the winning mission group will receive a convertible ticket worth more than $ 241 million and a purchase mandate of more than 200 million shares of the Ming Shing group.
At any time, each of these companies is able to convert their debt into Ming Shing Group actions to $ 1.20 per share. However, none of the companies can hold more than 4.99% of the Ming Shing group at any time, according to the press release. These notes will have a maturity of 10 years.
The same limit of 4.99% will be applied to mandates, but they can be exchangeable at $ 1.25 per share at any time in the next 12 years.
Ming Shing actions jump as the company seeks to extend its Bitcoin assets
The agreement is part of the company’s mission to offer more value to its investors, which he thinks Bitcoin will allow him to do.
“We believe that the Bitcoin market is very liquid and the investment can capture the potential appreciation of Bitcoin and increase the assets of the company,” said Ming Shing Group CEO, Wenjin Li. “We are devoted to the creation of additional value for our shareholders and the active exploration of options for the company to develop more.”
Ming Shing already contains 833 BTC, classifying it as the 45th largest corporate window holder worldwide, data Bitcoin treasure show. The market leader in cryptography negotiating at $ 113,169.63 at 8:05 a.m., the company’s current Bitcoin reserves is equivalent to more than $ 94.27 million.
After receiving 4 250 BTC, Ming Shing will rank above Kindlymd, the company managed by Trump’s crypto political advisor, David Bailey, if it is not added to its BTC participations.
The latest Knilymd Bitcoin purchase was announced yesterday when the company bought 5,764.91 BTC for more than $ 670.37 million. This BTC was acquired at an average purchase price of $ 118,204.88 per room.
The global breed of the BTC treasure is gathers on the momentum
In the past 30 days, 14 other companies have joined the Spree Bitcoin Bitcoin purchase, pushing the number of public enterprises that hold BTC on their balance sheets at 297, according to Bitcoin Trésor data.
The majority of these entities are based in the United States, which represent 103 companies. Canada has the second BTC treasury companies in 43 of these companies.
Combined, companies hold 3.67 million BTC. The strategy leads with its reservations of 629,376 BTC. Since the start of its BTC accumulation in 2020, the strategy has achieved an unrealized profit of more than 54%.
The strategy acquired 430 BTC for around $ 51.4 million at around $ 119,666 per Bitcoin and reached BTC yield of 25.1% YTD 2025. At 08/17/2025, we Hodl 629 376 $ BTC Acquired for ~ 46.15 billion dollars at around $ 73,320 per bitcoin. $ Mstr $ Strc $ Strk $ STRF $ Strd
– Michael Saylor (@saylor) August 18, 2025
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