Reitar and VivoPower Unveil Strategic Digital Asset Initiatives Featuring Bitcoin and XRP
Reitar Logtech to Acquire $1.5 Billion in Bitcoin Through Equity-Backed Deal
In a bold move to modernize its treasury and support future growth, Reitar Logtech Holdings Ltd. has announced plans to acquire up to $1.5 billion worth of Bitcoin. The acquisition, part of a newly launched corporate treasury initiative, will involve the issuance of Reitar shares to a group of institutional and high-net-worth investors.
The company aims to secure approximately 15,000 BTC through this exchange, using a pricing mechanism tied to the average market value of Bitcoin and Reitar’s own stock. This innovative strategy is intended to improve liquidity, reduce exposure to traditional financial instruments, and fund digital infrastructure projects across emerging logistics markets—particularly in Asia.
Reitar’s Chairman and CEO, John Shen, characterized the move as a strategic pivot that positions the company for long-term resilience and adaptability. “Bitcoin is not just a store of value—it’s a foundation for financial agility,” Shen said. “This program supports our ambition to lead in logistics innovation while preparing Reitar for a decentralized economic future.”
VivoPower Rolls Out $100M XRP Strategy in Partnership with BitGo
VivoPower International PLC is stepping firmly into the crypto arena with the launch of a $100 million XRP acquisition initiative, backed by a new partnership with digital asset custodian BitGo. The collaboration will leverage BitGo’s round-the-clock OTC trading desk and secure custody services to facilitate the purchase and safekeeping of XRP tokens.
The XRP initiative follows VivoPower’s recent $121 million capital raise and forms a key component of its pivot toward decentralized finance and tokenized infrastructure solutions. CEO Kevin Chin underscored the importance of partnering with a trusted platform. “BitGo brings institutional-grade tools and execution capabilities essential to managing digital assets at scale,” he said.
BitGo CEO Mike Belshe noted that VivoPower’s entry into the XRP ecosystem is part of a broader trend of institutional players exploring blockchain-based finance. “Their move reflects the growing demand for regulated, secure access to crypto markets,” Belshe commented.
To reinforce its commitment to transparency and regulatory compliance, VivoPower has also filed a registration statement with the SEC in preparation for a planned public offering.
