OranjeBTC Becomes Brazil’s Largest Public Bitcoin Treasury
OranjeBTC, a Bitcoin-focused company, will become Brazil’s largest publicly traded Bitcoin treasury firm. The company announced a purchase of about $385 million in Bitcoin (BTC). OranjeBTC will list on Brazil’s B3 stock exchange in early October. It will debut with over $400 million in Bitcoin reserves.
A report by Brazil Journal confirmed OranjeBTC bought 3,650 BTC for roughly $385 million. The average price per coin was $105,300. The company has backing from notable investors like Cameron and Tyler Winklevoss, FalconX, and billionaire Ricardo Salinas. Two major U.S. asset managers, Off the Chain and ParaFi Capital, also supported the initial funding round.
OranjeBTC stated, “We’re just getting started,” marking its position as Latin America’s largest Bitcoin treasury company. The firm aims to offer an institutional gateway for Bitcoin investment in the region.
Listing Through Reverse Merger
OranjeBTC will list via a reverse merger with Intergraus, a prep-course provider already on the B3 exchange. After board and regulatory approvals, OranjeBTC will take over Intergraus’ listing. The company will have about 85% of its capital as free float after the merger.
CEO and Founder Guilherme Gomes said, “We are taking the formal steps to ring the bell at B3 sometime in the first ten days of October.” OranjeBTC also plans to use Intergraus’ education platform to launch a financial literacy project focused on cryptocurrency.
Bitcoin-Only Focus and Market Context
OranjeBTC is Latin America’s first publicly traded company fully dedicated to Bitcoin accumulation. Gomes highlighted growth potential, quoting Michael Saylor: “This investment model effectively began in November of last year. We’ll soon see banks and insurance companies doing the same.”
Bitcoin currently trades at $112,388, down 0.36% in the last 24 hours, according to CoinMarketCap. Despite minor price dips, OranjeBTC’s strategy shows strong long-term confidence in Bitcoin’s growth.
