OranjeBTC (B3: OBTC3) has bought 7 more Bitcoin for about $774,000. The average price was $110,613 per BTC, according to its latest treasury report. As of October 27, the company holds 3,708 BTC worth around $390.9 million. Its Bitcoin yield so far this year is 1.82%.
The filing also shows OranjeBTC sold 104,900 common shares at an average price of R$15.00. This raised about R$1.57 million. No share repurchases were reported. OranjeBTC’s BTC-per-share ratio is now 2,278 satoshis, showing a small increase in Bitcoin exposure per share.
Bitcoin Accumulation Strategy
OranjeBTC uses spot purchases and derivatives like options and hedges to manage its Bitcoin holdings. This approach aims to balance returns and reduce volatility. The company includes these activities in its treasury cost basis to reflect active management.
Last week, OranjeBTC bought 10 BTC for $1.09 million, raising its total to 3,701 BTC. Over two weeks, the company added 17 BTC, continuing its steady accumulation ahead of its upcoming B3 exchange listing.
Positioning as a Bitcoin Treasury Firm
The recent filings show OranjeBTC focuses on building a Bitcoin treasury model, not short-term trading. This steady buying contrasts with a wider market slowdown. It highlights OranjeBTC’s goal to institutionalize Bitcoin treasury management within a public company.
As Brazil’s first listed Bitcoin-native treasury firm, OranjeBTC leads a corporate shift toward using Bitcoin as a reserve asset. Its purchases and strategy emphasize long-term treasury integration instead of trading gains.
