{"id":26914,"date":"2025-08-22T13:38:30","date_gmt":"2025-08-22T13:38:30","guid":{"rendered":"https:\/\/metaverseplanet.net\/blog\/?p=26914"},"modified":"2025-12-29T11:44:36","modified_gmt":"2025-12-29T11:44:36","slug":"construction-company-joins-the-bitcoin-investment-trend","status":"publish","type":"post","link":"https:\/\/metaverseplanet.net\/blog\/construction-company-joins-the-bitcoin-investment-trend\/","title":{"rendered":"Construction Company Joins the Bitcoin Investment Trend"},"content":{"rendered":"\n

Hong Kong-based construction company Ming Shing Group<\/strong> has signed an agreement to purchase 4,250 Bitcoin<\/a><\/em><\/strong> for $483 million<\/strong>. The company will make the payment with convertible notes and share warrants<\/strong> instead of cash. Following the news, its stock on the Nasdaq surged by 29%<\/strong>, closing the day with an 11.5% increase<\/strong>.<\/p>\n\n\n\n

This decision by the construction company strengthens the trend of traditional companies moving toward cryptocurrency<\/a><\/em> investments<\/strong>. The company plans to complete the purchase at an average price of $113,638 per Bitcoin<\/strong> by the end of the year.<\/p>\n\n\n\n

\n\n\n\n

Construction Company’s Stock Soars 29% on Bitcoin Strategy<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Ming Shing Group Holdings Limited<\/strong>, a company traded on the Nasdaq<\/strong>, excited markets with its announcement of a Bitcoin purchase agreement<\/strong>. Under the deal with Winning Mission Group<\/strong>, a company registered in the British Virgin Islands, 4,250 Bitcoin<\/strong> will be acquired. The most striking aspect of the deal is the payment method: Ming Shing<\/strong> will issue convertible notes<\/strong> and share warrants<\/strong> instead of a cash payment. This approach allows the company to make a crypto investment<\/strong> while preserving its cash flow.<\/p>\n\n\n\n

The transaction also involves a third party, Rich Plenty Investment<\/strong>, which will receive half the value of the agreement. According to the press release, both the original seller and the new assignee will each receive convertible notes worth over $241 million<\/strong> and warrants to purchase more than 200 million shares<\/strong> of Ming Shing.<\/p>\n\n\n\n

Wenjin Li<\/strong>, the CEO of Ming Shing<\/strong>, explained the rationale for the investment, stating, “We believe that the Bitcoin market is highly liquid and the investment can capture the potential appreciation of Bitcoin.”<\/strong> Li also emphasized the company’s commitment to creating additional value for its shareholders and actively exploring options for further growth.<\/p>\n\n\n\n

This development adds a new participant to the trend of public companies adopting a Bitcoin treasury strategy<\/strong>, a movement spearheaded by Michael Saylor’s MicroStrategy<\/strong>. Bitcoin treasury companies<\/strong> currently hold 3.93%<\/strong> of Bitcoin’s total supply.<\/p>\n\n\n\n

You Might Also Like;<\/h3>\n\n\n
    <\/ul>","protected":false},"excerpt":{"rendered":"

    Hong Kong-based construction company Ming Shing Group has signed an agreement to purchase 4,250 Bitcoin for $483 million. The company will make the payment with convertible notes and share warrants instead of cash. Following the news, its stock on the Nasdaq surged by 29%, closing the day with an 11.5% increase. This decision by the …<\/p>\n","protected":false},"author":1,"featured_media":24386,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAown96uCw:productID":"","footnotes":""},"categories":[309],"tags":[317],"class_list":["post-26914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-web3new","tag-crypto-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/26914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/comments?post=26914"}],"version-history":[{"count":0,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/26914\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media\/24386"}],"wp:attachment":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media?parent=26914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/categories?post=26914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/tags?post=26914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}