- Reitar Logtech aims to acquire 15,000 BTC through a strategic program with institutional investors to strengthen its financial reserves.
- The company will issue shares tied to Bitcoin’s average price, enabling flexible treasury management and future logistics acquisitions.
- The Bitcoin acquisition aligns with Reitar’s goal to expand in high-growth Asian markets and integrate blockchain technology into logistics.
Reitar Logtech Holdings Ltd. has announced advanced negotiations for a $1.5 billion Bitcoin acquisition to diversify its treasury. The move is part of a broader strategy to reinforce its balance sheet and accelerate global logistics technology growth.
Company Launches Strategic BTC Program
On June 2, Reitar Logtech disclosed through a filing with the U.S. Securities and Exchange Commission its intent to launch a Bitcoin treasury diversification initiative. The program would allow the company to acquire up to 15,000 BTC from institutional and high-net-worth investors.
The acquisition will include the issuance of a number of ordinary shares, based on the average price of, first, both Bitcoin and the company’s stock for the average price at the time of the transaction. The proposed value of the transaction based on the filing is estimated to be $1.5 billion assuming hypothetically the price of Bitcoin is $100,000.
Reitar Logtech stated that the BTC Program is designed to strengthen its financial structure while maintaining focus on advancing logistics technology infrastructure across global markets.
Strategic Benefits and Growth Focus
The initiative aims to position Reitar Logtech for expansion into high-growth Asian markets and improve its financial flexibility for future acquisitions. Management believes the program offers benefits by adding a non-correlated digital asset to its reserves.
In its statement, Reitar emphasized the opportunity to engage in logistics real estate projects that may incorporate digital assets. The company views this as a necessary step toward building technical and organizational capabilities for managing future crypto-based operations.
John Chan, Chairman and CEO of Reitar Logtech, said, “This strategic treasury diversification initiative underscores our commitment to maintaining a strong financial foundation while scaling our global logistics technology platform.”
Executive Statement and Operational Planning
Reitar Logtech plans to use the BTC Program to support strategic acquisitions and align with broader trends in supply chain digitization. The company continues to invest in smart logistics and automation as part of its expansion plan.
Chan added, “By exploring Bitcoin treasury allocation, we aim to fortify our financial position while aligning with digital transformation trends in the supply chain industry. This potential initiative provides enhanced flexibility to pursue strategic acquisitions and expand into new markets.”
The SEC filing was signed by Kin Chung Chan, Reitar’s Director, Chairman, and Chief Executive Officer.