tl;dr
Nasdaq-listed Reitar Logtech plans to buy $1.5 billion worth of Bitcoin, aiming to acquire 15,000 BTC, according to a U.S. SEC filing. The company intends to use this digital asset reserve to support future logistics real estate projects and expand into new markets. Reitar Logtech joins other Nasdaq...
Nasdaq-listed Reitar Logtech is set to purchase $1.5 billion in Bitcoin, targeting the acquisition of 15,000 BTC as outlined in a recent U.S. SEC filing. This move aims to support future logistics real estate projects involving digital assets and to facilitate expansion into new markets by establishing a digital asset reserve and the necessary technical infrastructure.
Reitar Logtech joins a growing cohort of Nasdaq companies acquiring Bitcoin, following Strategy (formerly MicroStrategy), which now holds about 581,000 BTC valued at approximately $60.4 billion. Strategy’s latest purchase added around 705 BTC worth nearly $75 million.
Other Nasdaq firms such as Cosmos Health, Worksport, and KULR Technology Group have also recently announced Bitcoin acquisitions, reflecting a broader institutional embrace of the cryptocurrency.
In addition, a consortium including Tether, Bitfinex, Cantor Fitzgerald, and SoftBank Group revealed plans to create Twenty One, a publicly traded Bitcoin treasury company aiming to acquire 42,000 BTC—equivalent to roughly $4.5 billion. This initiative underscores growing corporate interest in maintaining substantial Bitcoin reserves.
Bitcoin itself has seen strong performance recently, trading around $104,500, up nearly 11% year-to-date. It reached an all-time high of $111,814 in May, marking notable gains amid a wider resurgence in crypto markets.