coindesk.com
Reitar Logtech Holdings Ltd. has announced plans for a landmark $1.5 billion bitcoin
acquisition through a treasury diversification initiative aimed at enhancing its financial resilience and fueling logistics tech expansion.
Through this “$BTC Program,” Reitar seeks to acquire up to 15,000 $BTC from a consortium of institutional and high-net-worth investors in exchange for company shares, based on average $BTC and stock market prices. The initiative is designed to strengthen Reitar’s balance sheet and provide flexibility for acquisitions and digital infrastructure investment, especially across high-growth Asian markets.
Management believes this strategy will help reduce exposure to traditional asset risks while supporting the company’s long-term vision for global logistics innovation. Chairman and CEO Dale Shen emphasized that integrating digital assets into Reitar’s financial strategy represents a bold step toward a more robust and adaptive corporate treasury, enabling accelerated technological progress and future-proofing Reitar’s global operations.
VivoPower Partners with BitGo for $100 Million $XRP Treasury Strategy
VivoPower International PLC has formed a strategic partnership with BitGo to support its newly launched $100 million $XRP acquisition plan as part of a broader digital asset treasury strategy. The company will utilize BitGo’s 24/7 OTC trading desk and industry-leading custody platform to purchase and store $XRP tokens securely. This move follows VivoPower’s $121 million capital raise and its announced pivot toward decentralized finance solutions.
Executive Chairman and CEO Kevin Chin highlighted BitGo’s institutional-grade infrastructure as critical to executing and safeguarding the company’s digital asset holdings. BitGo’s CEO Mike Belshe praised VivoPower’s entry into the space as a sign of growing institutional interest in crypto. The collaboration underscores BitGo’s growing role as both a trusted custodian and a premier liquidity partner for large-scale digital asset transactions.
VivoPower has also filed a registration statement with the SEC for a public offering, reinforcing its commitment to transparency and compliance in its digital asset strategy.