Listed company Yuta Logistics announced its digital asset reserve strategy and plans to acquire up to 15000 bitcoins

According to Ming Pao Financial News, Reitar Logtech Group, a US listed company, announced that it has signed a Bitcoin acquisition agreement with a consortium of Bitcoin institutions. According to the agreement, Yuta can purchase up to 15000 bitcoins from BTC investors, with a total transaction amount of up to $1.5 billion, and the payment method is to issue company common stock to BTC investors. The actual number of shares to be issued will be determined through consultation between both parties, taking into account factors such as Bitcoin price, company stock price, and trading volume. The company stated that this strategic acquisition will help establish its digital asset reserves, further strengthen its balance sheet, and drive the development of its core businesses, including DeFi integration, logistics asset tokenization, and smart contract driven supply chain solutions.