$1.5B Bitcoin Move Signals Big Expansion Plans for HK Firm

Reitar Logtech Holdings Ltd, a Hong Kong-based company specialising in real estate and logistics technology, has announced plans to invest up to $1.5 billion in Bitcoin.

According to a recent SEC filing (No. 001-42210), this strategic move aims to fuel the company’s expansion beyond Hong Kong while updating its treasury management approach to better navigate evolving financial landscapes.

By incorporating Bitcoin into its reserves, Reitar Logtech intends to reinforce the development of its logistics technology platform, positioning digital currency both as a store of value and a flexible asset to respond to global market fluctuations.

The filing, signed by Kin Chung Chan—Director, Chairman, and CEO—emphasizes that this investment is specifically designed to support growth and innovation within the company’s logistics technology operations.

Reitar Logtech Chairman and CEO John Chan, according to the filing, stated:

“This strategic treasury diversification initiative underscores our commitment to maintaining a strong financial foundation while scaling our global logistics technology platform.”

He added:

“By exploring Bitcoin treasury allocation, we aim to fortify our financial position while aligning with digital transformation trends in the supply chain industry. This potential initiative provides enhanced flexibility to pursue strategic acquisitions and expand into new markets.”

Reitar Picks Bitcoin to Power Growth, Joining Strategy Group’s Latest Move

On the same day, Strategy (formerly MicroStrategy) revealed it had acquired 705 BTC for $75.1 million, bringing its total holdings to 580,955 BTC valued at over $60 billion.

Despite these significant purchases, Wall Street remains cautious.

Meanwhile, Trump Media announced plans to raise $2.5 billion to invest in Bitcoin, and GameStop declared a $500 million Bitcoin buy.

Adding to the mix, Twenty One—a newcomer backed by Tether, SoftBank, and Strike’s Jack Mallers—launched with an ambitious goal to hold 42,000 BTC, potentially becoming the third-largest corporate Bitcoin holder globally.

However, the market response was negative: Trump Media’s shares dropped more than 20%, and GameStop’s stock fell 17%.

Investors remain unconvinced that these Bitcoin-centric strategies will deliver immediate returns.