Bitcoin Price Stays Above $113,000 As Hong Kong’s Ming Shing Announces To Buy $483 Million In Bitcoin

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…

Read more on BitcoinMagazine

9 Ways Bitcoin Treasury Companies Can Differentiate In A Crowded Market

The Era of Easy Differentiation Is Over

There was a time when holding Bitcoin was enough. Strategy (formerly MicroStrategy) proved it in 2020—simply moving idle cash into Bitcoin electrified markets, drove premiums above NAV, and rewrote corporate playbooks. But five years later, the battlefield has changed.

Dozens of public companies across Japan, France, the U.S., the U.K., Sweden, Canada, and Brazil now run Bitcoin treasury strategies. ETFs have captured billions in flows. El Salvador holds it as sovereign reserve. In this environment, “we own Bitcoin” is no longer a differentiator.

If a company cannot compete on size, speed, or scale, it must assemble alternative sources of…

Read more on BitcoinMagazine

LATEST: Hong Kong’s Ming Shing Construction Firm Agrees To Purchase 4,250 BTC For $483M

Hong Kong-based Ming Shing Group Holdings has announced a landmark move into digital assets, agreeing to acquire 4,250 bitcoins valued at nearly $483 million. The NASDAQ-listed construction firm signed the deal with Winning Mission Group Limited, marking its first step toward a bitcoin treasury strategy. The purchase is expected to close by December 31, 2025, with payments structured through convertible promissory notes and share warrants.

As part of the deal, half of the transaction was assigned to Rich Plenty Investment Limited, which issued a promissory note equivalent to 2,125 bitcoins. Both the seller and the assignee will receive convertible notes and warrants, enabling them to acquire up to 201.2 million ordinary shares. The notes carry a 3% annual interest rate over ten years, while the warrants allow share purchases for 12 years, both subject to ownership caps.

Ming Shing CEO Wenjin Li said the move strengthens the company’s balance sheet with digital assets. “This acquisition allows us to benefit from bitcoin’s liquidity and potential long-term growth,” Li stated, highlighting a rising trend among Asian firms diversifying into cryptocurrencies.

Source

Gemini’s Winklevoss Twins Donate $21 Million In Bitcoin To Trump-Leaning PAC To Support US Crypto Leadership

Gemini co-founder Tyler Winklevoss and his twin brother Cameron donated $21 million in Bitcoin BTC/USD to a new political action committee supporting President Donald Trump on Wednesday.

Winklevoss Twins Ready To Support Midterm Election Campaigns With Bitcoin

The Winklevoss twins donated 188.4547 BTC, worth $21.5 million at current prices, to the Digital Freedom Fund PAC, aimed at supporting Trump’s vision of making the U.S. the “world’s cryptocurrency capital.”

“Since inauguration, @POTUS and his administration have been delivering on the promises they made on the campaign trail. We want this unprecedented progress and momentum to continue,” Tyler Winklevoss said.

See…

Read more on Benzinga

Why a market structure bill is ‘far more complicated’ than the GENIUS Act

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.

Recent developments in Congress and comments from senators indicate that a market structure bill won’t be as easy to pass as the GENIUS Act.  

Clarity on CLARITY?

Before Fed Chair Jerome Powell takes the Jackson Hole spotlight Friday, other bigwigs in the same valley gave us some regulatory tidbits to chew on. 

US Sen. Tim Scott and SEC Chair Paul Atkins shared the type of praise for Donald Trump you’d expect from a Republican leader and an agency head nominated by the president. Making the US “the crypto capital of the world,” yada yada yada. 

But between the lines,…

Read more on Blockworks

Shineco Shares Surge On Launch Of Blockchain-Based Cell Asset Tokenization Platform – Shineco (NASDAQ:SISI)

Shineco Inc. SISI shares are trading higher on Wednesday after the company announced the launch of what it calls the world’s first on-chain cell asset tokenization platform.

See what is happening to SISI stock here.

What To Know: To support the system, Shineco acquired a 51% stake in Xi’an Dong’ao Health Management, a company specializing in cryogenic cell storage and clinical applications. This deal, along with its earlier purchase of Singapore-based Infiniclone, gives Shineco the physical infrastructure needed to connect blockchain-based tokens with real-world cell storage and treatment.

The company said the platform is designed to cut costs, improve transparency, and create liquidity in…

Read more on Benzinga

Bitcoin Could Go To $175,000 Thanks To Global Retirement Accounts Could Drive, Says Bill Miller IV

Bill Miller IV, chairman and CIO of Miller Value Partners, on Wednesday said even minimal exposure from global retirement accounts could significantly boost Bitcoin’s BTC/USD valuation, highlighting what he sees as early but growing institutional interest.

What Happened: “There are $60 trillion worth of assets globally in retirement accounts with zero allocation right now to digital assets,” Miller said in a CNBC interview. “Every 1% allocation from that $60 trillion adds $30,000 to Bitcoin’s price.”

He argued that a 2% allocation to Bitcoin would be conservative when compared with traditional holdings in fiat assets.

“All of those assets are currently in a monetary framework whose…

Read more on Benzinga

Solana’s proprietary AMMs are reshaping liquid asset markets for users

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

When one thinks of DeFi’s greatest innovations, automated market makers (AMMs) come to mind.

Popularized by early OG teams like Bancor and Uniswap in 2018, AMMs enabled permissionless liquidity provision without the need for professional market makers to manage an order book.

This permissionless structure has immense benefits for bootstrapping markets around illiquid tokens, but it comes with many well-known tradeoffs. 

Since liquidity positions and execution is public, LPs are vulnerable to MEV attacks, manifesting in price impact and slippage problems for the end-user.

Protocol…

Read more on Blockworks

From The Bitcoin Jungle To The Sea, Let Lightning Be Free!

Welcome to the jungle — the Bitcoin Jungle.

Bitcoin Jungle is a bitcoin circular economy located in the Puntarenas province of Uvita, Costa Rica, where over 600 merchants accept bitcoin. It’s also the place Francis Pouliot has called home for the past three years.

And the Canadian expat and founder of Bull Bitcoin wants other Bitcoiner expats who visit the region, and Costa Rica at large, to feel how he feels in the country — welcomed.

For this reason, he and the team at Bull Bitcoin created a web app that works both within the Bitcoin Jungle wallet, an open source, custodial Lightning wallet, and in conjunction with other Lightning wallets.

Through the web app interface,…

Read more on BitcoinMagazine