Hong Kong-based construction company Ming Shing Group Holdings Limited has announced plans to acquire 4,250 Bitcoin for approximately $483 million, marking another significant entry into the growing roster of corporate Bitcoin treasury holders.

Bitcoin price remained steady at $113,000 as the NASDAQ-listed company (MSW) revealed it has entered into a Bitcoin purchase agreement with Winning Mission Group Limited at an average price of $113,638 per Bitcoin. The transaction, expected to close by December 31, 2025, will be financed through convertible promissory notes and share warrants rather than cash.

“We believe the Bitcoin market is highly liquid and the investment can capture the…

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