OranjeBTC Lists 3,650 BTC on Brazil’s B3, Igniting LatAm Crypto Boom

OranjeBTC, now Latin America’s largest bitcoin treasury company, will go public on B3 on October 7. The company is doing a reverse...

Quick overview

  • OranjeBTC, Latin America's largest bitcoin treasury company, will go public on B3 on October 7 through a reverse IPO under the OBTC3 ticker.
  • The company currently holds 3,650 BTC, valued at approximately $115 million, demonstrating a strong commitment to long-term bitcoin accumulation.
  • Backed by notable investors including the Winklevoss twins and led by CEO Guilherme Gomes, OranjeBTC aims to bridge institutional investors to bitcoin equity markets.
  • Analysts believe OranjeBTC's entry could influence other Latin American companies to adopt bitcoin treasuries as a strategic asset.

OranjeBTC, now Latin America’s largest bitcoin treasury company, will go public on B3 on October 7. The company is doing a reverse IPO through Intergraus, a school chain, under the OBTC3 ticker. Unlike traditional tech startups, OranjeBTC’s main focus is building big bitcoin reserves and generating revenue from BTC holdings, being the first institutional crypto adoption in Brazil.

The company already has 3,650 BTC, worth around $115 million at current prices, showing a strong commitment to long term bitcoin accumulation. Analysts see this as a key indicator of local investor appetite for bitcoin equities, especially with the market getting more exposed to foreign BTC linked investment options.

Institutional Backing and Strategic Investment

OranjeBTC’s growth is backed by big names and market veterans. Led by CEO Guilherme Gomes, a former Bridgewater Associates executive, the company has raised money from Gemini founders Cameron and Tyler Winklevoss, cryptography pioneer Adam Back, trading platform FalconX and Mexican entrepreneur Ricardo Salinas.

  • Initial BTC investment: $385 million

  • BTC holdings: 3,650 coins

  • Trading ticker: OBTC3

  • Listing method: Reverse IPO through Intergraus

Gomes said: “Bitcoin will reshape financial systems and markets. Our focus is bitcoin at the highest level”. His vision makes OranjeBTC not just a treasury company but a bridge for institutional investors to get exposure to bitcoin through equity markets.

Market Impact and Future Outlook

OranjeBTC is entering the market at a time when Brazilian investors are looking for crypto focused investment vehicles. Previous moves by companies like Meliuz, which added bitcoin to their reserves, showed temporary stock price spikes but couldn’t sustain the momentum.

OranjeBTC’s big bitcoin holdings and big name investors could be a differentiator in Brazil’s emerging crypto investment landscape. Analysts say if the initial trading shows strong demand, the listing could encourage other Latin American companies to consider bitcoin treasuries as a strategic asset.

With bitcoin markets going up again, OranjeBTC is already in green numbers, showing the potential of bitcoin reserve companies in the region.

ABOUT THE AUTHOR See More
Arslan Butt
Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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