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By James Van Straten, AI Boost|Edited by Stephen Alpher
Jun 2, 2025, 4:01 p.m.
- Hong Kong-based Reitar Logtech is targeting a $1.5B Bitcoin acquisition to enhance financial flexibility and drive logistics technology growth across Asia.
- VivoPower has partnered exclusively with BitGo to acquire and securely hold $100M in XRP, signaling a strategic pivot toward decentralized finance.
Reitar Logtech Holdings Ltd. has announced plans for a landmark $1.5 billion bitcoin
acquisition through a treasury diversification initiative aimed at enhancing its financial resilience and fueling logistics tech expansion.
Through this “BTC Program,” Reitar seeks to acquire up to 15,000 BTC from a consortium of institutional and high-net-worth investors in exchange for company shares, based on average BTC and stock market prices. The initiative is designed to strengthen Reitar’s balance sheet and provide flexibility for acquisitions and digital infrastructure investment, especially across high-growth Asian markets.
Management believes this strategy will help reduce exposure to traditional asset risks while supporting the company’s long-term vision for global logistics innovation. Chairman and CEO Dale Shen emphasized that integrating digital assets into Reitar’s financial strategy represents a bold step toward a more robust and adaptive corporate treasury, enabling accelerated technological progress and future-proofing Reitar’s global operations.
STORY CONTINUES BELOW
VivoPower International PLC has formed a strategic partnership with BitGo to support its newly launched $100 million XRP acquisition plan as part of a broader digital asset treasury strategy. The company will utilize BitGo’s 24/7 OTC trading desk and industry-leading custody platform to purchase and store XRP tokens securely. This move follows VivoPower’s $121 million capital raise and its announced pivot toward decentralized finance solutions.
Executive Chairman and CEO Kevin Chin highlighted BitGo’s institutional-grade infrastructure as critical to executing and safeguarding the company’s digital asset holdings. BitGo’s CEO Mike Belshe praised VivoPower’s entry into the space as a sign of growing institutional interest in crypto. The collaboration underscores BitGo’s growing role as both a trusted custodian and a premier liquidity partner for large-scale digital asset transactions.
VivoPower has also filed a registration statement with the SEC for a public offering, reinforcing its commitment to transparency and compliance in its digital asset strategy.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment. Previously, James worked as a Research Analyst at Saidler & Co., a Swiss hedge fund, where he developed expertise in on-chain analytics. His work focuses on monitoring flows to analyze Bitcoin’s role within the broader financial system.
In addition to his professional endeavors, James serves as an advisor to Coinsilium, a UK publicly traded company, where he provides guidance on their Bitcoin treasury strategy. He also holds investments in Bitcoin and Strategy (MSTR).
“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk’s AI Policy.
