The ‘Strategy of Latin America’ OranjeBTC Expands Holdings With $1.94M Bitcoin Purchase

Date:

Share post:

spot_img

Bitcoin Magazine

The ‘Strategy of Latin America’ OranjeBTC Expands Holdings With $1.94M Bitcoin Purchase

OranjeBTC has acquired an additional 16 BTC for roughly $1.94 million at an average price of $121,058 per Bitcoin, bringing its year-to-date Bitcoin yield to 1.5% in 2025.

As of October 13, the OranjeBTC now holds 3,691 BTC, accumulated for approximately $389.07 million — an average cost basis of $105,412 per coin.

Brazil’s First Pure-Bitcoin Public Company

OranjeBTC began trading last week on B3, the São Paulo–based exchange that anchors Latin America’s capital markets.

Backed by some of the biggest names in global crypto, OranjeBTC entered public markets holding 3,675 BTC — now 3,691 — instantly becoming the region’s largest corporate Bitcoin holder. 

The “Strategy of Latin America”

The company’s model closely mirrors Strategy’s playbook in the United States: issue convertible debt, raise capital, and buy Bitcoin.

Just today, Strategy announced the purchase of 220 BTC for $27.2 million at an average price of $123,561 per coin. 

Strategy now holds 640,250 BTC — about 3.1% of Bitcoin’s total supply — funded through $27.3 million raised via its recent at-the-market offering. 

Earlier this year, OranjeBTC secured a $210 million investment from Brazil’s largest bank, Itaú, through its investment arm Itaú BBA, positioning its BTC reserves as a long-term strategic asset.

That financing round also drew heavyweight backers including Tyler and Cameron Winklevoss, Mexican billionaire Ricardo Salinas, FalconX, and Adam Back of Blockstream, alongside U.S. funds Off the Chain Capital and ParaFi Capital.

Saylor’s early mentor, Eric Weiss, a former Morgan Stanley banker and founder of Blockchain Investment Group, sits on Oranje’s board.

OranjeBTC’s local Bitcoin education

The company is launching an educational platform aimed at teaching shareholders and institutional investors about Bitcoin’s monetary properties — what it calls a “learning layer” for Brazil’s next generation of savers.

“We want to be an information center and help Brazilians and Latin Americans understand what money is, the role of a tangible asset, and how Bitcoin works,” Founder Guilherme Gomes told WIRED en Español in September.

The listing was executed as a reverse IPO, with OranjeBTC merging into Intergraus, an already-listed entity on B3.

Following the transaction, roughly 85% of shares will be in free float — opening the door for both institutional and retail investors to gain direct exposure to a company whose only real product is Bitcoin accumulation.

B3 launched Bitcoin futures in 2022 and explored crypto custody services soon after.

This post The ‘Strategy of Latin America’ OranjeBTC Expands Holdings With $1.94M Bitcoin Purchase first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Earn up to 600% APY with Elevon

Create your token with Universal Token Generator

Leave a reply

Please enter your comment!
Please enter your name here

spot_img

Related articles

Ripple now a one-stop fintech shop after closing Hidden Road acquisition

Ripple has completed its acquisition of Hidden Road, a move that will expand its fintech services for institutional...

Bank of England probes data-mining lending strategies fueling AI bets

The Bank of England is worried that a rise in financiers' lending to data center lending may cause...

Rumble partners with Tether to add Bitcoin tips for content creators

Video sharing platform Rumble has teamed up with Tether to help it add Bitcoin tips to content creators,...

XRP Price Eyes $3 as Bullish Momentum Builds

XRP price has recently surged, trading above $2.45, amid an overall rally in the cryptocurrency market. Over the...