- Reitar Logtech (RITR, Financial) allocates up to $1.5 billion in Bitcoin reserves for supply chain financial innovation.
- Establishment of Pine Forest Holdings to integrate 1,333 hectares of agricultural bases in China.
- 200,000 square feet automated cold chain warehouse in Kwai Chung to enhance food safety and freshness.
HONG KONG, July 07, 2025 - Reitar Logtech Holdings Limited (NASDAQ: RITR) has announced the establishment of Pine Forest Holdings Limited, a wholly-owned subsidiary designed to revolutionize the food supply chain with a focus on integrating advanced technology. This strategic move includes a significant allocation of up to $1.5 billion in Bitcoin reserves, intended to introduce proprietary digital payment innovations like the RBTC token and RHKD stablecoin.
Pine Forest Holdings will manage approximately 1,333 hectares of agricultural operations across eight key bases in mainland China, ensuring a diversified supply of vegetables, fresh produce, and meat products directly from origin to markets. This ambitious integration is supported by Reitar's state-of-the-art 200,000 square foot automated cold chain warehouse located in Kwai Chung.
The new subsidiary will leverage blockchain traceability, IoT, and AI technologies for intelligent cold chain management, thus enhancing food safety and transparency from sourcing to sales. Pine Forest Holdings aims to expand this smart agriculture ecosystem into Southeast Asia, further digitizing the region's food supply chain structure.
This initiative marks a pivotal diversification for Reitar Logtech, extending its expertise from logistics technology to a comprehensive food supply chain model, promising improved market efficiency and resilience.