News list for " Mingcheng"
Mingcheng Group's Hong Kong subsidiary, Lead Benefit, spent $47 million to buy 500 bitcoins
On January 13, Mingcheng Group Holdings Limited (NASDAQ: MSW), a Hong Kong company mainly engaged in mud engineering, announced that its wholly-owned Hong Kong subsidiary, Lead Benefit (HK) Limited ("Lead Benefit"), purchased 500 bitcoins at an average price of $94,375 per bitcoin on January 9, 2025, for a total investment of approximately $47 million. Mingcheng intends to use its idle funds to purchase bitcoin as a short-term investment to capture the potential appreciation of bitcoin and incre...
2025-01-13 22:21:19
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