Core Insights - OranjeBTC, a Brazilian firm focused on Bitcoin accumulation, has begun trading on Brazil's B3 stock exchange, becoming Latin America's largest listed Bitcoin treasury with 3,675 Bitcoin valued at approximately $444 million [1][2] Company Overview - The company went public through a reverse merger with education firm Intergraus, allowing it to trade under the ticker OBTC3, marking a significant milestone as Brazil's first public company centered entirely on Bitcoin as a corporate strategy [2] - OranjeBTC has secured $210 million in financing from notable investors, including Itaú BBA, the investment arm of Brazil's largest bank, and prominent figures in the crypto space such as the Winklevoss twins and Adam Back [4] Market Performance - The stock opened at $4.35 (23.22 BRL) and peaked at $4.59 (24.50 BRL) during the day, but closed at $4.33 (23.15 BRL), indicating initial excitement followed by profit-taking [3] Strategic Partnerships - OranjeBTC has formed a strategic partnership with BitcoinTreasuries.net to enhance transparency and broaden its global investor reach [5]
OranjeBTC Lists in Brazil, Becomes LATAM’s Top Bitcoin Treasury
Yahoo Finance·2025-10-09 00:29