Brazilian Bitcoin Treasury OranjeBTC Buys Back Stock Instead of BTC
Update: 2025-10-31
Description
OranjeBTC, Brazil's largest Bitcoin treasury company, has halted Bitcoin purchases and shifted focus to buying back its own shares. This strategic move aims to boost share value by reducing the number of available shares. The decision comes as Bitcoin's price remains 13% below its all-time high and amid market volatility. OranjeBTC, which holds over $400 million worth of Bitcoin, is a major competitor to Méliuz in the region. This corporate Bitcoin strategy, popularized by companies like MicroStrategy, is gaining traction globally, with Brazil seeing growing demand for crypto investment vehicles.
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