OranjeBTC (B3: OBTC3) announced the purchase of 10 more Bitcoin (BTC) on Monday. The acquisition cost about $1.09 million, at an average price of $108,786 per BTC. The company now holds 3,701 BTC, bought for a total of $390.16 million. Its Bitcoin yield for 2025 is 1.7% year-to-date.
The company stated its treasury uses a mix of direct Bitcoin purchases and structured derivative strategies. These include put options and hedging tools. The goal is to optimize returns and manage volatility.
Bitcoin Treasury Management
OranjeBTC’s cost basis includes results from its derivative operations. This shows the company’s active approach to managing its Bitcoin treasury.
The recent purchase comes as OranjeBTC prepares for a public listing on Brazil’s B3 exchange. The listing will formalize its position as a Bitcoin-native treasury firm.
With over $390 million in Bitcoin reserves, OranjeBTC is among the few public companies globally with significant BTC exposure.
New Executive Appointments
Earlier this month, OranjeBTC appointed Sam Callahan as Director of Bitcoin Strategy & Research. Callahan previously worked at Swan Bitcoin and Battery Finance. His role will enhance the firm’s capital deployment and on-chain analytics.
Callahan’s appointment follows economist Fernando Ulrich joining the board. Ulrich will help strengthen governance and Bitcoin education at the company.
Shift Toward Institutional Discipline
OranjeBTC’s recent moves show a shift from simple Bitcoin holding to structured financial management. The company’s growing treasury team reflects Bitcoin’s transition from speculation to institutional discipline.
For more details, see the official filing here.
