Brazil’s OranjeBTC Lists on B3, Focuses Solely on Bitcoin Strategy

TLDR

• OranjeBTC began trading on Brazil’s B3 exchange through a reverse merger with Intergraus.
• The company entered the market holding 3,675 bitcoin valued at over $444 million.
• OranjeBTC became the largest corporate holder of Bitcoin in Latin America.
• The company raised $210 million from Itaú BBA and other major crypto investors.
• OranjeBTC plans to educate Brazilians about Bitcoin through a dedicated learning platform.

OranjeBTC began trading on Brazil’s B3 stock exchange today through a reverse merger with Intergraus. The company entered the market with 3,675 bitcoin, now valued at over $444 million. This marks a new moment in Latin America, where a firm lists not for its product but for its Bitcoin treasury.

OranjeBTC Becomes Region’s Largest Bitcoin Holder

OranjeBTC now holds more Bitcoin than any other listed company in Latin America. It surpasses Méliuz, which holds 605 BTC. OranjeBTC has adopted a strategy focused on bitcoin accumulation as a corporate asset.

The company raised capital through convertible debt and used it to expand its Bitcoin holdings. This model mirrors the strategies employed by U.S. firms like Strategy. OranjeBTC’s total BTC makes it the largest corporate Bitcoin holder in Latin America.

This approach allows the company to offer indirect Bitcoin exposure to investors. With 85% of shares in free float, both institutional and retail investors can now buy in. OranjeBTC enters the market with backing from major global crypto players.

Backed by Heavyweights, Committed to Education

OranjeBTC secured $210 million from Itaú BBA, Brazil’s largest bank’s investment arm. It also gained support from the Winklevoss twins, Ricardo Salinas, Adam Back, FalconX, and U.S. funds Off the Chain and ParaFi. These investments show strong confidence in OranjeBTC’s long-term strategy.

Founder Guilherme Gomes emphasized the firm’s broader mission. “We want to be an information center and help Brazilians understand what money is,” Gomes said in September. OranjeBTC plans to launch an education platform for investors and savers.

The platform will explain Bitcoin’s monetary properties and its use as a tangible asset. It will serve both retail and institutional audiences. OranjeBTC aims to become Brazil’s central source for Bitcoin knowledge.

OranjeBTC does not offer products or services beyond holding Bitcoin. Its core business revolves around managing its Bitcoin reserves. This strategy enables it to function as a Bitcoin proxy on Brazil’s stock exchange.

By merging into Intergraus, OranjeBTC gained direct market access. The reverse IPO structure facilitated a faster and more efficient listing. Investors now have access to a unique Bitcoin-centric investment on B3.

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