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OranjeBTC Unleashes $1.94M Bitcoin Blitz, Elevating Latin American Strategy

Published 2 days ago3 minute read
David Isong
David Isong
OranjeBTC Unleashes $1.94M Bitcoin Blitz, Elevating Latin American Strategy

OranjeBTC, Brazil's pioneering pure-Bitcoin public company, has significantly expanded its Bitcoin reserves, recently acquiring an additional 16 BTC for approximately $1.94 million at an average price of $121,058 per Bitcoin. This latest acquisition boosts its year-to-date Bitcoin yield to 1.5% in 2025. As of October 13, OranjeBTC's total holdings stand at 3,691 BTC, accumulated for roughly $389.07 million, reflecting an average cost basis of $105,412 per coin.

The company made its public debut last week on B3, the São Paulo-based exchange that serves as the anchor for Latin America’s capital markets. Backed by prominent figures in the global crypto space, OranjeBTC entered public markets with 3,675 BTC, immediately establishing itself as the region's largest corporate Bitcoin holder. Its operational model closely emulates the successful strategy of MicroStrategy in the United States, focusing on issuing convertible debt, raising capital, and subsequently purchasing Bitcoin. This approach was exemplified by MicroStrategy's recent purchase of 220 BTC for $27.2 million at an average price of $123,561 per coin, bringing MicroStrategy's total holdings to 640,250 BTC, which accounts for approximately 3.1% of Bitcoin’s total supply.

Earlier this year, OranjeBTC secured a substantial $210 million investment from Itaú BBA, the investment arm of Brazil’s largest bank, explicitly positioning its BTC reserves as a long-term strategic asset. This significant financing round attracted a host of heavyweight backers, including Tyler and Cameron Winklevoss, Mexican billionaire Ricardo Salinas, FalconX, and Adam Back of Blockstream. Additionally, U.S. funds Off the Chain Capital and ParaFi Capital contributed to the investment. Further reinforcing its credibility, Eric Weiss, a former Morgan Stanley banker, founder of Blockchain Investment Group, and an early mentor to Michael Saylor, serves on OranjeBTC’s board.

Beyond its investment strategy, OranjeBTC is committed to local Bitcoin education. The company is launching a dedicated educational platform, dubbed a “learning layer,” aimed at informing shareholders and institutional investors about Bitcoin’s fundamental monetary properties. Founder Guilherme Gomes articulated this vision, stating, “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.” The company’s listing on B3 was executed as a reverse IPO, achieved through a merger with Intergraus, an already-listed entity. This transaction ensures that roughly 85% of OranjeBTC's shares will be in free float, thereby offering direct exposure to a company whose primary product is Bitcoin accumulation for both institutional and retail investors. This move by OranjeBTC follows B3's previous ventures into the crypto market, including the launch of Bitcoin futures in 2022 and explorations into crypto custody services shortly thereafter.

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