Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Mingcheng Group, a Hong Kong-listed company listed on the US stock market, closed at US$1.65, up approximately 11.5% in the past 24 hours.
5hours ago

Odaily Planet Daily News: Influenced by the news of increasing holdings of 4,250 BTC, the closing price of Mingcheng Group Holdings Co., Ltd. (MSW), a US-listed company, rose to US$1.65, with a 24-hour increase of 11.5%.

Earlier news, Mingcheng Group, a US-listed construction engineering service provider headquartered in Hong Kong, announced that it had signed a Bitcoin purchase agreement and would spend US$483 million to purchase 4,250 Bitcoins.