Hong Kong Firm Reitar Logtech Announces $1.5 Billion Bitcoin Acquisition Strategy

In a bold move signaling growing institutional confidence in Bitcoin, Hong Kong-based Reitar Logtech Holdings Ltd. has revealed plans to acquire up to $1.5 billion worth of Bitcoin (approximately 15,000 BTC at current prices) through a share issuance deal. This strategic acquisition aims to position Bitcoin as a non-correlated reserve asset to diversify the company’s corporate treasury. The transaction will involve institutional and high-net-worth digital asset participants, highlighting the increasing mainstream adoption of cryptocurrency as a store of value. With Bitcoin currently trading at $106,093.29 USDT (as of June 3, 2025), this announcement underscores the growing trend of corporations adding Bitcoin to their balance sheets as a hedge against traditional market volatility and inflation.

Hong Kong Firm Reitar Logtech Sets $1.5B Bitcoin Acquisition Goal

Reitar Logtech Holdings Ltd., a Hong Kong-based logistics technology firm, unveiled plans to acquire up to $1.5 billion worth of Bitcoin through a share issuance deal. The company aims to purchase approximately 15,000 BTC, positioning the cryptocurrency as a non-correlated reserve asset to diversify its corporate treasury.

The transaction will involve institutional and high-net-worth digital asset participants, with shares issued based on the average market prices of bitcoin and Reitar Logtech’s stock. This strategic move underscores the growing institutional adoption of Bitcoin as a hedge against traditional financial volatility.

In a June 2 SEC filing, the company emphasized its intent to strengthen its balance sheet while supporting global expansion efforts. Reitar Logtech operates smart advisory services and logistics infrastructure, marking a significant financial pivot for the firm.

Bitcoin’s 8% Correction Flushes Leverage, Signals Short-Term Turbulence

Bitcoin’s sharp 8% pullback from its May 22 all-time high near $112,000 has reset Leveraged positions, potentially setting the stage for near-term volatility. The correction followed a 50% rally over 45 days since April’s yearly low of $74,441.20.

Market tremors originated from a Court of Appeal ruling reinstating US import tariffs, pushing 30-year Treasury yields above 5% for the first time since 2009. This triggered broad risk-off moves across asset classes, with Bitcoin ETFs capturing shifting capital flows.

Spot Bitcoin ETFs saw $6.2 billion inflows in May’s first four weeks as investors rotated out of Gold ETFs, which bled $2.7 billion. However, BlackRock’s IBIT recorded its largest single-day outflow on May 30 at $431 million, contributing to a $616 million sector-wide exodus - the heaviest since February.

On-chain metrics reveal accelerating profit-taking, with the Relative Unrealised Profit indicator breaching +2 standard deviations. Historically, such levels precede volatility spikes as holders crystallize gains. The market now faces a test of whether organic demand can absorb this sell pressure and sustain the uptrend.

Robert Kiyosaki Warns of Historic Market Crash, Shifts Focus from Bitcoin to Silver

Robert Kiyosaki, author of *Rich Dad Poor Dad*, has reignited market anxieties with a dire prediction of the "biggest market crash in history." His recent social media post suggests a strategic pivot away from Bitcoin toward silver, which he now views as having superior upside potential. The warning comes as Bitcoin struggles to maintain momentum near the $104.6K threshold amid broader crypto volatility.

Kiyosaki maintains that Bitcoin retains store-of-value merits but emphasizes silver’s tactical advantage in the impending turmoil. His 2013 prophecy of a summer collapse targeting stocks, bonds, and real estate appears to be unfolding, with Baby Boomers positioned as the most vulnerable cohort. The financial guru frames the crisis as an opportunity for agile investors to capitalize on distressed assets.

Bitcoin 2025 Conference in Las Vegas: Key Highlights and Announcements

The Bitcoin 2025 Conference in Las Vegas, held from May 27 to 29, became a focal point for global Bitcoin enthusiasts, policymakers, and financial leaders. U.S. Vice President JD Vance delivered a pivotal speech, framing Bitcoin as a cornerstone of the decentralization movement and pledging governmental support for its integration into the U.S. economy.

Don TRUMP Jr. and Rumble CEO Chris Pavlovski unveiled a billion-dollar Bitcoin reserve initiative, signaling robust institutional backing. The partnership with Hut 8 Mining further underscored the convergence of traditional finance and Bitcoin infrastructure.

Asia Morning Briefing: Bitcoin Recovers Amid Macro Shifts and ETF Outflows

Bitcoin edged higher to $106,402 as Asian markets opened, clawing back from weekend losses triggered by $616 million in spot ETF outflows—the first net redemptions for BlackRock’s iShares Bitcoin Trust after a 31-day inflow streak. Geopolitical tensions from stalled U.S.-China talks and Eastern European instability compounded the pressure.

Analysts note an unusual correlation between BTC and Japan’s 30-year government bond yields, now stronger than traditional ties to U.S. equities. "This signals Japan’s rising influence in cross-asset dynamics," said macro strategist Weston Nakamura, suggesting deeper structural shifts in global markets.

The cryptocurrency tests key support at $104,300 as investors navigate volatile macro conditions. Meanwhile, warnings emerge about the crypto industry’s vulnerability to quantum computing threats—a risk most protocols remain unprepared to counter.