6 days ago
Reitar Logtech Holdings Ltd. has announced plans for a landmark $1.5 cardinal bitcoin BTC acquisition done a treasury diversification inaugural aimed astatine enhancing its fiscal resilience and fueling logistics tech expansion.
Through this “BTC Program,” Reitar seeks to get up to 15,000 BTC from a consortium of organization and high-net-worth investors successful speech for institution shares, based connected mean BTC and banal marketplace prices. The inaugural is designed to fortify Reitar’s equilibrium expanse and supply flexibility for acquisitions and integer infrastructure investment, particularly crossed high-growth Asian markets.
Management believes this strategy volition assistance trim vulnerability to accepted plus risks portion supporting the company’s semipermanent imaginativeness for planetary logistics innovation. Chairman and CEO Dale Shen emphasized that integrating integer assets into Reitar’s fiscal strategy represents a bold measurement toward a much robust and adaptive firm treasury, enabling accelerated technological advancement and future-proofing Reitar’s planetary operations.
VivoPower Partners with BitGo for $100 Million XRP Treasury Strategy
VivoPower International PLC has formed a strategical concern with BitGo to enactment its recently launched $100 cardinal XRP acquisition program arsenic portion of a broader integer plus treasury strategy. The institution volition utilize BitGo’s 24/7 OTC trading table and industry-leading custody level to acquisition and store XRP tokens securely. This determination follows VivoPower’s $121 cardinal superior rise and its announced pivot toward decentralized concern solutions.
Executive Chairman and CEO Kevin Chin highlighted BitGo’s institutional-grade infrastructure arsenic captious to executing and safeguarding the company’s integer plus holdings. BitGo’s CEO Mike Belshe praised VivoPower’s introduction into the abstraction arsenic a motion of increasing organization involvement successful crypto. The collaboration underscores BitGo’s increasing relation arsenic some a trusted custodian and a premier liquidity spouse for large-scale integer plus transactions.
VivoPower has besides filed a registration connection with the SEC for a nationalist offering, reinforcing its committedness to transparency and compliance successful its integer plus strategy.
English (US) 