Reitar Logtech Holdings Ltd. has introduced plans for a landmark $1.5 billion bitcoin
acquisition by a treasury diversification initiative geared toward enhancing its monetary resilience and fueling logistics tech enlargement.
By means of this “BTC Program,” Reitar seeks to amass as much as 15,000 BTC from a consortium of institutional and high-net-worth buyers in trade for firm shares, based mostly on common BTC and inventory market costs. The initiative is designed to strengthen Reitar’s steadiness sheet and supply flexibility for acquisitions and digital infrastructure funding, particularly throughout high-growth Asian markets.
Administration believes this technique will assist cut back publicity to conventional asset dangers whereas supporting the corporate’s long-term imaginative and prescient for world logistics innovation. Chairman and CEO Dale Shen emphasised that integrating digital property into Reitar’s monetary technique represents a daring step towards a extra sturdy and adaptive company treasury, enabling accelerated technological progress and future-proofing Reitar’s world operations.
VivoPower Companions with BitGo for $100 Million XRP Treasury Technique
VivoPower Worldwide PLC has shaped a strategic partnership with BitGo to assist its newly launched $100 million XRP acquisition plan as a part of a broader digital asset treasury technique. The corporate will make the most of BitGo’s 24/7 OTC buying and selling desk and industry-leading custody platform to buy and retailer XRP tokens securely. This transfer follows VivoPower’s $121 million capital elevate and its introduced pivot towards decentralized finance options.
Govt Chairman and CEO Kevin Chin highlighted BitGo’s institutional-grade infrastructure as crucial to executing and safeguarding the corporate’s digital asset holdings. BitGo’s CEO Mike Belshe praised VivoPower’s entry into the house as an indication of rising institutional curiosity in crypto. The collaboration underscores BitGo’s rising position as each a trusted custodian and a premier liquidity companion for large-scale digital asset transactions.
VivoPower has additionally filed a registration assertion with the SEC for a public providing, reinforcing its dedication to transparency and compliance in its digital asset technique.
