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Key Points:
- Reitar Logtech plans to acquire up to $1.5 billion in Bitcoin
- The acquisition aims to bolster treasury reserves and accelerate global logistics technology expansion
- The company aims to benefit from Bitcoin's liquidity, 24/7 markets, and hedge against inflation and currency devaluation
- The acquisition is part of a growing trend among corporations allocating Bitcoin to their balance sheets
submitted by /u/CriticalCobraz [link] [comments] |