HONG KONG’S REITAR LOGTECH PLANS TO BUY UP TO $1.5B IN BITCOIN, PER SEC FILING
- Hong Kong’s Reitar Logtech filed with the SEC to acquire up to 15,000 BTC ($1.5B) via a share deal with wealthy and institutional investors.
- Reitar says it wants to diversify its treasury into a non-correlated asset, aiming to strengthen its balance sheet.
- The company runs logistics infrastructure in Asia and sees BTC as long-term support for future digital asset projects.
- Reitar ties its Bitcoin move to logistics growth, aiming to scale faster and attract innovation-focused partners.
- Reitar’s play mirrors moves by Strategy (formerly MicroStrategy), Metaplanet, and newcomer Twenty One.
- On the same day Reitar filed, Strategy announced it bought 705 more BTC.