M
Ming Shing Group
MSWMarket valuation vs the Bitcoin it holds
0.35×
Discount
a 65% discount to Bitcoin NAV
Ming Shing Group trades at 0.35× its Bitcoin NAV — you pay 35¢ for every $1 of Bitcoin it holds, a 54.4M USD pile.
Live · last updated
BTC held
833 BTC
Bitcoin treasury
Bitcoin NAV
54.4M USD
at today's BTC price
Market cap
0 USD
Fully diluted
Share price
1.48 USD
USD
Last BTC buy
333 BTC
Feb 28, 2025
mNAV over time
Full history · dilutedToday's 0.35× sits in a 52-week range of 0.16× to 0.41×.
mNAV · 52-week range
0.16×–0.41×
0.16×now 0.35×0.41×
About Ming Shing Group
Ming Shing Group (MSW) owns 833 BTC. At today's price that Bitcoin is worth 54.4M USD. The market caps the whole company at 0 USD — 0.35× its Bitcoin. Put plainly: you pay 35¢ for every $1 of Bitcoin it holds, a 65% 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 0.35×. mNAV divides MSW's market capitalisation by the value of the Bitcoin it holds, so 0.35× means the market values the company at 0.35× the worth of its Bitcoin treasury (54.4M USD).
- Is Ming Shing Group (MSW) overvalued versus its Bitcoin?
- At 0.35×, Ming Shing Group (MSW) trades at a 65% 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×–0.41×.
- How much Bitcoin does Ming Shing Group (MSW) hold?
- Ming Shing Group holds 833 BTC, worth 54.4M USD at current prices. Its most recent purchase was 333 BTC on Feb 28, 2025.
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