DHL Logistics plans to acquire up to 15,000 Bitcoins with a $1.5 billion stock deal
According to Ming Pao Finance, Ritera Logistics Technology (NASDAQ: RITR) announced that it has signed an acquisition agreement with a Bitcoin institutional consortium, allowing the acquisition of up to 15,000 Bitcoins through the issuance of common stock, with a total amount capped at $1.5 billion. The final number of shares issued will be determined through negotiation based on factors such as the price of Bitcoin, the company's stock price, and trading volume.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Juventus shares surge nearly 14% after rejecting Tether's acquisition offer
JPMorgan launches its first tokenized money market fund
JPMorgan to launch its first tokenized money market fund on Ethereum, with a seed fund size of 100 millions
Artemis CEO: Solana leads the market in key on-chain metrics, with transaction volume 18 times that of BNB
Trending news
MoreCrypto prices
More
