Close Menu
Cryprovideos
    What's Hot

    NVIDIA's Blackwell Structure Units New Efficiency Requirements in MLPerf Coaching

    June 6, 2025

    JPMorgan Chase to Settle for Crypto Collateral: Ought to You Retailer Your Crypto in a Pockets Like Finest Pockets?

    June 6, 2025

    OpenAI Challenges Court docket Order to Protect Consumer Knowledge in NYT Lawsuit – Decrypt

    June 6, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Bitcoin»One other Bitcoin Purchaser? Nasdaq-Listed Reitar Logtech Plans $1.5 Billion BTC Buy – Decrypt
    One other Bitcoin Purchaser? Nasdaq-Listed Reitar Logtech Plans .5 Billion BTC Buy – Decrypt
    Bitcoin

    One other Bitcoin Purchaser? Nasdaq-Listed Reitar Logtech Plans $1.5 Billion BTC Buy – Decrypt

    By Crypto EditorJune 2, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    One other Bitcoin Purchaser? Nasdaq-Listed Reitar Logtech Plans $1.5 Billion BTC Buy – Decrypt

    In short

    • Hong Kong-based Reitar Logtech has stated it desires to purchase 15,000 BTC.
    • The plan is to create a Bitcoin treasury, the Nasdaq-listed firm stated.
    • Reitar is the newest publicly-traded agency to announce such plans.

    Nasdaq-listed Reitar Logtech is planning to purchase $1.5 billion value of Bitcoin, based on a Monday U.S. Securities and Change Fee submitting. 

    The Hong Kong-based (RITR) stated it was aiming to purchase 15,000 BTC. 

    “The BTC Program will pave the way in which for the corporate to have interaction in logistics actual property initiatives which can contain digital property sooner or later by establishing a reserve of digital asset via this initiative and organising the mandatory inner group and technical infrastructure for managing such digital property,” the corporate stated within the 6-Ok SEC doc. 

    It added that the “potential initiative” will enable it to “broaden into new markets.” Reitar Logtech didn’t instantly reply to Decrypt‘s questions. 

    Reitar Logtech, which provides a variety of companies for logistics operators and logistic property invesstors,  joins a rising checklist of corporations aiming to offer shareholders with publicity to Bitcoin. They’ve been following the trail of Technique—previously MicroStrategy—which pivoted from software program improvement in 2020 to grow to be the world’s largest company holder of Bitcoin. 

    Technique inventory has soared greater than 2,800% over this era. The corporate on Monday introduced its newest Bitcoin purchase of about 705 Bitcoin value roughly $75 billion based mostly on present worth. It now holds roughly 581,000 BTC value $60.4 billion. 

    Different companies on the Nasdaq are additionally acquiringBitcoin, with healthcare firm Cosmos Well being (COSM), auto agency Worksport (WKSP), and power storage firm KULR Know-how Group (KULR) all just lately asserting crypto buys. 

    And in April, crypto and monetary companies giants Tether, Bitfinex, Cantor Fitzgerald, and SoftBank Group introduced that they’d create Twenty One, a publicly traded Bitcoin treasury firm with plans to amass 42,000 BTC—or about $4.5 billion value.

    Bitcoin was just lately buying and selling at about $104,500, down barely over the previous 24 hours based on crypto knowledge supplier CoinGecko. It is up practically 11% year-to-date and hit a brand new all-time excessive of $111,814 in Could amid a wider upturn in crypto markets. 

    Edited by James Rubin

    Day by day Debrief Publication

    Begin day by day with the highest information tales proper now, plus unique options, a podcast, movies and extra.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    BlackRock Boosts Crypto Holdings with Over $350M in BTC and ETH

    June 6, 2025

    Breaking: Monumental Whale Will get Liquidated as Bitcoin Worth Sinks Decrease

    June 6, 2025

    Bitcoin dives under $102k amid fading momentum and macro uncertainty

    June 6, 2025

    Ross Ulbricht’s large Bitcoin donor tied to Silk Highway successor Alphabay: Report

    June 6, 2025
    Latest Posts

    BlackRock Boosts Crypto Holdings with Over $350M in BTC and ETH

    June 6, 2025

    Breaking: Monumental Whale Will get Liquidated as Bitcoin Worth Sinks Decrease

    June 6, 2025

    Bitcoin dives under $102k amid fading momentum and macro uncertainty

    June 6, 2025

    Ross Ulbricht’s large Bitcoin donor tied to Silk Highway successor Alphabay: Report

    June 6, 2025

    Bitcoin Dangers Dropping Beneath $100,000 as Day by day Liquidations Close to $1 Billion

    June 6, 2025

    Bitcoin Faces Key Take a look at as Fed Uncertainty and Market Exhaustion Collide

    June 6, 2025

    $621,550,000 in Bitcoin and Crypto Liquidated As Trump-Musk Meltdown Hits Important Mass – The Day by day Hodl

    June 6, 2025

    Elon Musk Flags U.S. Debt Disaster, Backs Bitcoin Reserve Shift

    June 6, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Excessive-Utility Token Set to Rival Content material Creation Platforms as Finest New Crypto to Purchase – Subbd

    April 18, 2025

    Bitnomial drops SEC lawsuit forward of XRP futures launch within the US

    March 20, 2025

    Coinbase in talks to purchase derivatives change Deribit: Report

    March 21, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.