Yuta Logistics plans to acquire up to 15,000 Bitcoins for $1.5 billion in stock.

According to Jinse Finance and Ming Pao Finance, Yuta Logistics Technology (NASDAQ: RITR) announced that it has signed an acquisition agreement with a Bitcoin institutional consortium, which can acquire up to 15,000 Bitcoins through the issuance of the company's common stock, with a total amount capped at 1.5 billion dollars. The final number of shares to be issued will be determined through negotiation based on factors such as Bitcoin price, company stock price, and Trading Volume.

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