According to SEC Filings, HK Public Company Reitar Logtech Plans to Buy up to $1.5 Billion Worth of Bitcoin to Bolster Their Treasury Reserves

According to SEC filings, HK public company Reitar Logtech plans to buy up to $1.5 billion worth of bitcoin to bolster their treasury reserves

Hong Kong's Reitar Logitech To Acquire $1.5B In Bitcoin

Hong Kong’s Reitar Logitech Holdings Limited has made news by saying it wants to buy $1.5 billion worth of Bitcoin. The move, which is meant to change the company’s treasury reserve strategy, is one of the biggest crypto-related investments by an Asian logistics company and shows how more institutions are accepting digital assets. Strategic Treasury Diversification Reitar Logitech, a company that specializes in combining property development wit…

Reitar Logtech Commits $1.5B to Bitcoin in Strategic Crypto Push

Reitar Logtech plans to buy $1.5B in Bitcoin for treasury reserves. The strategy aims to support global expansion in logistics technology. The acquisition highlights growing corporate adoption of Bitcoin as a reserve asset. Bitcoin — BTC, has found another powerful ally—and this time, the move echoes from Hong Kong. Reitar Logtech, a logistics tech powerhouse, filed a bold plan with the U.S. SEC. They intend to purchase up to $1.5 billion worth …

XBT Direct and Metaplanet Inc. Announce Strategic Partnership to Strengthen Bitcoin Treasury Operations - Business Read

XBT Direct (https://xbt-direct.net), a global crypto trading and asset management platform, proudly announces a strategic partnership with Metaplanet Inc. (TYO: 3350), Japan’s…

Hong Kong’s Reitar Logtech Reveals Plan To Buy $1.5B Bitcoin For Treasury Reserve

Hong Kong’s Reitar Logtech is in an advanced stage of discussion with a consortium for a $1.5 billion Bitcoin purchase. The real estate company aims to reinforce its treasury reserves and accelerate global expansion with its BTC Program. Reitar Logtech Holdings Ltd., a publicly listed company on the Nasdaq, recently unveiled its plan to stockpile Bitcoin (BTC). The information came from its Form 6K filing with the US Securities and Exchange Comm…

Institutions buy more Bitcoin despite recent market dip; Strategy, Metaplanet boost BTC holdings

Bitcoin (BTC) is down 0.5% on Monday, trading at $104,800 despite corporate firms Strategy and Metaplanet boosting their BTC holdings. Meanwhile, Hong Kong-based Reitar Logtech Holdings plans to purchase up to $1.5 billion worth of BTC to establish its Bitcoin treasury reserve.