Reitar Logtech Holdings Ltd. announced plans for a $ 1.5 billion bitcoin
Acquisition through an initiative to diversify the treasury aimed at improving its financial resilience and fueling the expansion of logistics technologies.
Thanks to this “BTC program”, Reitar seeks to acquire up to 15,000 BTC from a consortium of institutional and high net investors in exchange for business shares, on the basis of the average BTC and the stock market prices. The initiative is designed to strengthen Reitar’s assessment and provide flexibility for acquisitions and investments in digital infrastructure, in particular in high -growth Asian markets.
Management believes that this strategy will help reduce exposure to traditional risks of assets while supporting the company’s long -term vision for global logistics innovation. The president-director Dale Shen stressed that the integration of digital assets into the financial strategy of Reitar represents a daring step towards a more robust and more adaptive business treasure, allowing accelerated technological progress and global operations of Reitar to the test of the future.
Vivopower is associated with Bitgo for 100 million dollars XRP cash strategy
Vivopower International PLC trained a strategic partnership with Bitgo to support its new XRP acquisition plan of $ 100 million as part of a wider digital asset cash strategy. The company will use the 24/7 Commerce Office of BitGO and the Industry Pointe-Top Watching platform to buy and store XRP tokens safely. This decision follows the capital increase of $ 121 million in Vivopower and its pivot announced to decentralized financial solutions.
The executive president-director Kevin Chin underlined the institutional quality infrastructure of Bitgo as essential to the execution and safeguarding of the company’s digital assets. Bitgo CEO Mike Belshe praised Vivopower’s entry into space as a sign of growing institutional interest for crypto. The collaboration underlines the growing role of Bitgo as a guardian of trust and leading liquidity partner for transactions of large -scale digital assets.
Vivopower has also filed a registration declaration with the SEC for a public offer, strengthening its commitment to transparency and compliance in its digital asset strategy.
