Reitar Logtech Group announced plans to purchase 15,000 Bitcoin

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According to Ming Pao Finance, Reitar Logtech Group, a company listed in the United States, has announced that they have signed an acquisition agreement for Bitcoin with a Bitcoin institutional group.

According to the agreement, Reitar can acquire up to 15,000 Bitcoin from BTC investors, with a total transaction amount reaching 1.5 billion US dollars and the payment method being the issuance of common stock of the company to BTC investors. The actual number of shares issued will be determined through negotiations between the two parties and will take into account factors such as Bitcoin price, company stock price, and trading volume. The company stated that this strategic acquisition will help build the company's digital asset reserves, further strengthen the balance sheet, and promote the development of core business activities, including DeFi integration, asset tokenization logistics, and smart contract-based supply chain solutions.

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