Hong Kong's Reitar Logtech Plans to Acquire $1.5 Billion Bitcoin
Hong Kong engineering services company Reitar Logtech has announced a plan to acquire $1.5 billion worth of Bitcoin (BTC). Shares of Reitar Logtech Holdings Ltd rose 9% on Monday following the company’s announcement and SEC filing. The Bitcoin purchase, like other companies have done, is focused on strengthening Reitar Logtech’s treasury reserves and supporting global expansion. JUST IN: Hong Kong's Reitar Logtech announces plans to acquire $1.5 billion Bitcoin. pic.twitter.com/MMQTsVpDUt — Watcher.Guru (@WatcherGuru) June 2, 2025 Reitar Logtech to Invest in Bitcoin Reitar Logtech Holdings Limited is a logistics solutions provider that focuses on integrating smart warehousing, supply chain optimization, and technology solutions worldwide. The company operates through two main segments: asset management and professional consultancy services, and construction management and engineering design services. The company went public in August 2024, and its shares are still down fro...