Publicly Listed Company Domain Tower Logistics Announces Digital Asset Reserve Strategy, Plans to Acquire Up to 15,000 Bitcoins

On June 6th, Domain Logistics Technology Group, a company listed in the US, announced that it has reached a Bitcoin Acquisition Agreement with a Bitcoin institutional investor group (hereinafter referred to as the "BTC Investor"). According to the agreement, Domain is able to purchase up to 15,000 bitcoins from the BTC Investor, with a maximum total transaction amount of up to $1.5 billion. The payment will be made by issuing common stock of the company to the BTC Investor. The actual number of shares issued will be determined through negotiations between both parties and will take into account factors such as the Bitcoin price, the company's stock price, and trading volume. The company stated that this strategic acquisition will assist in establishing the company's digital asset reserves, further enhance its balance sheet, and promote the development of its core businesses, including the integration of decentralized finance (DeFi), the tokenization of logistics assets, and smart contract-driven supply chain solutions. This transaction also showcases Domain's dedication to advancing innovation in the global "Real Estate + Logistics Technology" (PLT) ecosystem. Domain Logistics Technology Holdings Chairman and CEO, Chen Jianzhong, said: "Utilizing Bitcoin as a cornerstone of the company's financial strategy will help solidify our long-term development in the PLT ecosystem and lead the digitalization of logistics, seizing the significant opportunity in the Asian trillion-dollar supply chain modernization wave."