Nasdaq-Listed Logtech Firm Unveils Ambitious $1.5 Billion Bitcoin Investment Plan

Nasdaq-Listed Reitar Logtech Announces $1.5 Billion Bitcoin Investment

In a bold strategic move, Nasdaq-listed Reitar Logtech has filed with the U.S. Securities and Exchange Commission (SEC) to purchase $1.5 billion worth of Bitcoin. The Hong Kong-based company (ticker: RITR) plans to acquire 15,000 BTC as part of its initiative to establish a digital asset reserve and explore future logistics real estate projects involving cryptocurrency.

Strategic Expansion Into Digital Assets

According to the SEC Form 6-K filing, Reitar Logtech's "BTC Program" will enable the company to expand into new markets while building the necessary technical infrastructure to manage digital assets. This move follows the trend of other Nasdaq-listed companies like MicroStrategy (now Strategy) that have transformed into major corporate Bitcoin holders.

Growing Institutional Adoption

The announcement comes as multiple Nasdaq-listed firms continue accumulating Bitcoin, including:

• Healthcare company Cosmos Health (NASDAQ: COSM)
• Auto firm Worksport (NASDAQ: WKSP)
• Energy storage company KULR Technology Group (NASDAQ: KURL)

At the time of reporting, Bitcoin was trading around $104,500, showing slight daily losses but maintaining an 11% year-to-date gain. The cryptocurrency recently reached a new all-time high of $111,814 in May during a broader crypto market rally.

Reitar Logtech's massive $1.5 billion Bitcoin investment underscores both the company's confidence in cryptocurrency's long-term potential and the accelerating institutional adoption of digital assets.