Reitar Logtech Plans $1.5B Bitcoin Buy in Strategic Treasury Shift

Hong Kong-based Reitar Logtech Holdings Ltd. has announced plans to acquire up to $1.5 billion worth of Bitcoin, marking one of the largest potential corporate crypto treasury allocations to date. Strategic Diversification and Treasury Resilience The move, revealed in a regulatory filing with the U.S. Securities and Exchange Commission (SEC) on June 2, positions the Hong Kong -based logistics technology and real estate company among a growing list of global firms turning to Bitcoin as a reserve asset. According to details from the filing, Reitar Logtech’s proposed Bitcoin acquisition is part of a broader treasury diversification initiative aimed at reinforcing the company’s financial resilience. The firm plans to use the digital asset allocation to support its global logistics technology infrastructure expansion while leveraging the benefits of holding a non-correlated financial asset. CEO’s Perspective Chairman and Chief Executive Officer John Chan emphasized the strategic rationale behind the move, stating, “This strategic treasury diversification initiative underscores our commitment to maintaining a strong financial foundation while scaling our global logistics technology platform…By exploring bitcoin treasury allocation, we aim to fortify our financial position while aligning with digital transformation trends in the supply chain industry.” BTC Program and Acquisition Framework The Nasdaq-listed firm (RITR) disclosed it is in advanced negotiations with a consortium of institutional investors and high-net-worth individuals experienced in digital asset investments. Under its proposed “BTC Program,” Reitar Logtech would acquire Bitcoin held by the consortium by issuing its ordinary shares. The number of shares allocated would be determined based on the prevailing Bitcoin price and the company’s share price at the time of each transaction. The company’s tentative plan outlines the purchase of 15,000 Bitcoin, with an illustrative valuation of $1.5 billion based on a hypothetical price of $100,000 per Bitcoin. Reitar’s management indicated the initiative would not only bolster its balance sheet but also provide operational flexibility for logistics technology acquisitions and expansion into high-growth Asian smart logistics markets. Market Reaction and Next Steps Following the announcement and SEC filing, shares of Reitar Logtech rose by 9% on Monday, reflecting investor optimism around the strategic shift. The positive market response signals a broader acceptance of Bitcoin and other digital assets as credible components of corporate treasury strategies. Reitar Logtech noted that discussions remain ongoing, with the final terms subject to customary closing conditions, regulatory clearances, and due diligence processes. The company acknowledged that there is no guarantee the deal will proceed or that any Bitcoin will ultimately be purchased. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice

Source: Crypto Daily