Company Metrics
BTC Price
Current price of Bitcoin
$66,802
MSW BTC Holdings
Bitcoins held on balance sheet
₿833
MSW mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
0.40x
MSW Stock Price
Latest stock price (in USD)
$1.12
MSW % from 52W High
Current price gap from 52-week high
-86%
MSW Enterprise Value
MCap + Debt + Pref - Cash
$22.0M
MSW Market Cap
Equity market value
$14.5M
MSW BTC NAV
Current value of BTC = holdings × BTC price
$55.6M
MSW MCAP as % of BTC
Market capitalization as a percentage of Bitcoin holdings value
26%
MSW BTC Supply %
Company BTC holdings as % of total 21M Bitcoin supply
0.004%
MSW mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
0.26x
MSW 1W Return
Feb 20, 2026 ($1.25) → Mar 1, 2026 ($1.12)
-10.40%
MSW 1M Return
Jan 26, 2026 ($1.17) → Mar 1, 2026 ($1.12)
-4.27%
MSW 3M Return
Nov 26, 2025 ($1.53) → Mar 1, 2026 ($1.12)
-26.75%
MSW YTD Return
Dec 31, 2025 ($1.00) → Mar 1, 2026 ($1.12)
+12.00%
MSW 1Y Return
Feb 27, 2025 ($4.26) → Mar 1, 2026 ($1.12)
-73.71%
MSW 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
-49.64 p.p.
MSW 52W High
Highest price in the last 52 weeks (in USD)
$8.11
MSW Basic Shares
Estimated basic shares outstanding
12,975,000
MSW Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
—
MSW Trading Volume ($)
Most recent day's trading volume (VWAP × Volume)
$50.99K
MSW Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$109.06K
MSW Debt
Total outstanding debt (Latest reported Yahoo Finance value)
$7.7M
MSW Debt/BTC NAV
Debt as a % of BTC NAV
—
MSW BTC Rating
BTC NAV ÷ Total Debt
—
MSW Cash
Total cash and cash equivalents
$262.84K
MSW Hist Volatility (30D)
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
165.7%
MSW Hist Volatility (1Y)
Annualized standard deviation of the daily natural log return measured over the last calendar year
143.7%
MSW Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
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MSW Open Interest
Outstanding open interest contracts × 100 shares × live share price
—
MSW Put Open Interest
Outstanding put open interest contracts × 100 shares × live share price
—
MSW Call Open Interest
Outstanding call open interest contracts × 100 shares × live share price
—
MSW Put to Call
Ratio of put open interest to call open interest (put OI ÷ call OI). < 1.0 = more calls (bullish), > 1.0 = more puts (bearish)
—
MSW Duration (Days)
Open Interest-weighted average of days to expiration for options on this asset. Higher values indicate longer-term options activity.
—
MSW Short Interest (% Float)
% of tradable shares sold short
—
MSW Bitcoin Exposure
BTC Price
Current price of Bitcoin
$66,802
MSW BTC Holdings
Bitcoins held on balance sheet
₿833
MSW BTC NAV
Current value of BTC = holdings × BTC price
$55.6M
MSW BTC Rate (since Jan 1, 2024)
Average daily Bitcoin acquisition rate since Jan 1, 2024
1.05 BTC/day
MSW BTC Supply %
Company BTC holdings as % of total 21M Bitcoin supply
0.004%
MSW Valuation Metrics
MSW Stock Price
Latest stock price (in USD)
$1.12
MSW Market Cap
Equity market value
$14.5M
MSW mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
0.40x
MSW mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
0.26x
MSW BTC as % of MCAP
Bitcoin holdings value as a percentage of total market capitalization
383%
MSW Enterprise Value
MCap + Debt + Pref - Cash
$22.0M
MSW Basic Shares
Estimated basic shares outstanding
12,975,000
MSW Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
—
MSW Debt
Total outstanding debt (Latest reported Yahoo Finance value)
$7.7M
MSW Debt/BTC NAV
Debt as a % of BTC NAV
—
MSW BTC Rating
BTC NAV ÷ Total Debt
—
MSW Cash
Total cash and cash equivalents
$262.84K
MSW Stock Returns
MSW 1W Return
Feb 20, 2026 ($1.25) → Mar 1, 2026 ($1.12)
-10.40%
MSW 1M Return
Jan 26, 2026 ($1.17) → Mar 1, 2026 ($1.12)
-4.27%
MSW 3M Return
Nov 26, 2025 ($1.53) → Mar 1, 2026 ($1.12)
-26.75%
MSW YTD Return
Dec 31, 2025 ($1.00) → Mar 1, 2026 ($1.12)
+12.00%
MSW 1Y Return
Feb 27, 2025 ($4.26) → Mar 1, 2026 ($1.12)
-73.71%
MSW 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
-49.64 p.p.
MSW 52W High
Highest price in the last 52 weeks (in USD)
$8.11
MSW % Down from 52W High
Current price gap from 52-week high
-86.19%
MSW Trading & Risk
MSW Trading Volume
Most recent day's trading volume (VWAP × Volume)
$50.99K
MSW Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$109.06K
MSW 30D Volatility
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
165.7%
MSW 1Y Volatility
Annualized standard deviation of the daily natural log return measured over the last calendar year
143.7%
MSW Beta
5Y Monthly: Volatility vs market (1.0 ≈ market)
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MSW Short Interest (% Float)
% of tradable shares sold short
—
MSW Options
MSW Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
—
MSW Total Open Interest
Outstanding open interest contracts × 100 shares × live share price
—
MSW Put Open Interest
Outstanding put open interest contracts × 100 shares × live share price
—
MSW Call Open Interest
Outstanding call open interest contracts × 100 shares × live share price
—
MSW Put to Call
Ratio of put open interest to call open interest (put OI ÷ call OI). < 1.0 = more calls (bullish), > 1.0 = more puts (bearish)
—
MSW Duration (Days)
Open Interest-weighted average of days to expiration for options on this asset. Higher values indicate longer-term options activity.
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About Ming Shing Group's Bitcoin Treasury Strategy
Ming Shing Group (MSW) ranks #55 globally among Bitcoin treasury companies, with 833 Bitcoin in its corporate treasury worth approximately $55.65M at current prices. This represents 0.004% of the total 21 million Bitcoin that will ever exist.
Trading at a stock price of $1.12 per share with a market capitalization of $14.53M, Ming Shing Group's stock currently trades at an mNAV (enterprise value to Bitcoin NAV multiple) of 0.40x. Bitcoin holdings represent 383% of the company's market cap, underscoring Bitcoin's central role in Ming Shing Group's balance sheet strategy.
Recent stock performance shows -10.40% over the past week, -4.27% over the past month, +12.00% year-to-date, and -73.71% over the past year. Ming Shing Group currently trades -86.19% from its 52-week high. The stock averages $109.06K in daily trading volume over the past 30 days, with 30-day volatility at 165.7%.
Ming Shing Group's Bitcoin treasury strategy is led by Wenjin Li (CEO).