Hong Kong's Reitar Logtech to Buy $1.5 Billion in Bitcoin; NBX Becomes Norway's First Public Bitcoin Treasury

Hong Kong-based Reitar Logtech Holdings Ltd, a publicly traded logistics technology firm, has announced plans to raise up to $1.5 billion to acquire Bitcoin for its corporate treasury. According to disclosures made in a filing with the U.S. Securities and Exchange Commission, the company intends to use the Bitcoin acquisition to strengthen its treasury reserves and support global expansion. Reitar Logtech aims to leverage Bitcoin as a hedge against traditional financial volatility.

Separately, Norwegian Block Exchange (NBX) has launched a Bitcoin Treasury Strategy, becoming Norway's first publicly listed company to hold Bitcoin as a treasury asset.

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