Share this article
Crypto Treasury Strategy News: Hong Kong's Reitar and VivoPower
Reitar will be buying bitcoin and VivoPower XRP.
Updated Jun 3, 2025, 12:18 p.m. Published Jun 2, 2025, 4:01 p.m.
What to know:
- Hong Kong-based Reitar Logtech is targeting a $1.5B Bitcoin acquisition to enhance financial flexibility and drive logistics technology growth across Asia.
- VivoPower has partnered exclusively with BitGo to acquire and securely hold $100M in XRP, signaling a strategic pivot toward decentralized finance.
Reitar Logtech Holdings Ltd. has announced plans for a landmark $1.5 billion bitcoin acquisition through a treasury diversification initiative aimed at enhancing its financial resilience and fueling logistics tech expansion.
Through this “BTC Program,” Reitar seeks to acquire up to 15,000 BTC from a consortium of institutional and high-net-worth investors in exchange for company shares, based on average BTC and stock market prices. The initiative is designed to strengthen Reitar’s balance sheet and provide flexibility for acquisitions and digital infrastructure investment, especially across high-growth Asian markets.
Management believes this strategy will help reduce exposure to traditional asset risks while supporting the company’s long-term vision for global logistics innovation. Chairman and CEO John Shen emphasized that integrating digital assets into Reitar’s financial strategy represents a bold step toward a more robust and adaptive corporate treasury, enabling accelerated technological progress and future-proofing Reitar’s global operations.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
VivoPower Partners with BitGo for $100 Million XRP Treasury Strategy
VivoPower International PLC has formed a strategic partnership with BitGo to support its newly launched $100 million XRP acquisition plan as part of a broader digital asset treasury strategy. The company will utilize BitGo’s 24/7 OTC trading desk and industry-leading custody platform to purchase and store XRP tokens securely. This move follows VivoPower’s $121 million capital raise and its announced pivot toward decentralized finance solutions.
Executive Chairman and CEO Kevin Chin highlighted BitGo’s institutional-grade infrastructure as critical to executing and safeguarding the company’s digital asset holdings. BitGo’s CEO Mike Belshe praised VivoPower’s entry into the space as a sign of growing institutional interest in crypto. The collaboration underscores BitGo’s growing role as both a trusted custodian and a premier liquidity partner for large-scale digital asset transactions.
VivoPower has also filed a registration statement with the SEC for a public offering, reinforcing its commitment to transparency and compliance in its digital asset strategy.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
More For You
Bitcoin trails polar opposites, gold and copper, as 'fear and AI' trade lifts tangible assets
Gold and copper have outperformed other major assets this year, with gold rallying more than copper.
What to know:
- Gold and copper have outperformed other major assets this year, with gold rallying more than copper.
- Bitcoin has underperformed, failing to attract both fear-driven and AI-driven investment, highlighting a shift towards tangible assets.
- The divergence in performance between gold and copper reflects market bets on both AI-driven growth and systemic financial fears.
Top Stories
