Ming Shing Group Subsidiary Buys 333 More Bitcoins
A Ming Shing Group subsidiary acquires 333 BTC for $27M, following its 500 BTC purchase in January, strengthening its crypto holdings.
- Ming Shing Group subsidiary bought 333 BTC for $27M.
- It previously purchased 500 BTC in January for $47M.
- The company continues expanding its Bitcoin holdings.
Ming Shing Group Expands Bitcoin Holdings
A subsidiary of Hong Kong-based Ming Shing Group, known for its work in wet trades, has made another significant investment in Bitcoin. The company recently acquired 333 BTC at an average price of $81,555 per Bitcoin, bringing its total investment to $27 million.
A Growing Bitcoin Portfolio
This isn’t the first time the company has made a large crypto purchase. In January 2025, it bought 500 BTC at an average price of $94,375, totaling $47 million. With this latest acquisition, the firm’s total Bitcoin investment now exceeds $74 million.
Institutional Interest in Bitcoin Rises
The move highlights the increasing institutional adoption of Bitcoin in Asia. Companies outside of the traditional financial sector are now actively investing in crypto as a potential hedge against inflation and economic uncertainty.
Conclusion
Ming Shing Group’s continued Bitcoin purchases reflect growing confidence in BTC as a long-term asset. With institutional interest rising, this could signal a broader trend of businesses integrating Bitcoin into their financial strategies.
