Reitar Logtech Holdings Limited (NASDAQ: RITR), a leader in smart logistics technology, has announced a significant strategic move by entering into a Bitcoin purchase agreement valued at up to US$1.5 billion. The agreement involves acquiring up to 15,000 BTC from a consortium of institutional Bitcoin holders in exchange for the issuance of ordinary shares. This venture aims to establish a digital asset reserve, thereby enhancing the company's financial resilience by diversifying its treasury with non-correlated digital assets. The initiative also seeks to accelerate technological advancements in tokenized logistics infrastructure and AI-driven supply chain platforms. Furthermore, it supports Reitar's expansion into high-growth Asian logistics markets. John Chan, Chairman and CEO, emphasized the importance of anchoring the company's treasury strategy with Bitcoin to secure a robust financial footing and lead the digitization of logistics within the global Property-Logistics Technology ecosystems.
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