Listed company YTO Logistics announces digital asset reserve strategy, plans to acquire up to 15,000 Bitcoins

PANews reported on June 6 that according to Ming Pao Finance, Reitar Logtech Group, a US-listed company, announced that it has signed a Bitcoin acquisition agreement with a Bitcoin institutional consortium. According to the agreement, Reitar can purchase up to 15,000 Bitcoins from BTC investors, with a total transaction amount of up to US$1.5 billion, and the payment method is to issue the company's common stock to BTC investors. The actual number of shares issued will be determined by negotiation between the two parties and will refer to factors such as Bitcoin prices, company stock prices and trading volume. The company said that this strategic acquisition will help build the company's digital asset reserves, further strengthen its balance sheet, and promote the development of its core businesses, including DeFi integration, logistics asset tokenization, and smart contract-driven supply chain solutions.

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Author: PA一线

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