M
Ming Shing Group
MSWMarket valuation vs the Bitcoin it holds
0.34×
Discount
a 66% discount to Bitcoin NAV
Ming Shing Group trades at 0.34× its Bitcoin NAV — you pay 34¢ for every $1 of Bitcoin it holds, a 53.2M USD pile.
Live · last updated
BTC held
833 BTC
Bitcoin treasury
Bitcoin NAV
53.2M USD
at today's BTC price
Market cap
18.2M USD
Fully diluted
Share price
1.4 USD
USD
Last BTC buy
333 BTC
Feb 28, 2025
mNAV over time
Full history · dilutedToday's 0.34× sits in a 52-week range of 0.16× to 0.74×.
mNAV · 52-week range
0.16×–0.74×
0.16×now 0.34×0.74×
About Ming Shing Group
Ming Shing Group (MSW) owns 833 BTC. At today's price that Bitcoin is worth 53.2M USD. The market caps the whole company at 18.2M USD — 0.34× its Bitcoin. Put plainly: you pay 34¢ for every $1 of Bitcoin it holds, a 66% discount to simply owning the coins. It bought in at an average of 89.3K USD per coin.
Ming Shing Group (MSW) mNAV — frequently asked
- What is Ming Shing Group (MSW)'s mNAV?
- Ming Shing Group's mNAV is currently 0.34×. mNAV divides MSW's market capitalisation by the value of the Bitcoin it holds, so 0.34× means the market values the company at 0.34× the worth of its Bitcoin treasury (53.2M USD).
- Is Ming Shing Group (MSW) overvalued versus its Bitcoin?
- At 0.34×, Ming Shing Group (MSW) trades at a 66% discount to the Bitcoin it holds. Whether that is rich or cheap is best read against its own history: over the past year its mNAV has ranged 0.16×–0.74×.
- How much Bitcoin does Ming Shing Group (MSW) hold?
- Ming Shing Group holds 833 BTC, worth 53.2M USD at current prices. Its most recent purchase was 333 BTC on Feb 28, 2025.
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