Key Takeaways:
- OranjeBTC holds 3,950 BTC worth roughly $255 million
- Average cost basis sits near $105,000 per Bitcoin
- First public company to hold Strategy's STRC preferred equity
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OranjeBTC amasses $255M in Bitcoin as LatAm treasury adoption grows
A Brazilian company now holds roughly $255 million in Bitcoin, making it Latin America's largest corporate BTC treasury and a top-25 holder globally.
OranjeBTC, trading on Brazil's B3 exchange under the ticker OBTC3.SA, accumulated 3,950 BTC as of early August 2026, according to company disclosures. The firm went public in October 2025 through a reverse IPO that acquired educational platform Intergraus to secure its B3 listing, holding roughly 3,650 BTC at the time. It has been buying steadily since.
The company's average cost basis sits at approximately $105,000 per BTC, meaning it has been acquiring through a sustained high-price environment rather than at cycle lows. Its investor list includes Adam Back, the cryptographer whose work underpins Bitcoin's proof-of-work mechanism, the Winklevoss twins, who have been institutional Bitcoin advocates since 2013, and Mexican billionaire Ricardo Salinas Pliego, who has publicly called Bitcoin his second-largest personal asset.
OranjeBTC ranks around 23rd among public companies by Bitcoin holdings worldwide. The company also offers ADRs under the ticker ORNJY, giving US investors access without trading directly on Brazilian markets.
The STRC position
In March 2026, OranjeBTC became the first public company to hold STRC, Strategy's variable-rate perpetual preferred equity, on its balance sheet. Strategy, formerly MicroStrategy, pioneered the corporate Bitcoin treasury playbook under Michael Saylor. Perpetual preferred equity with a variable rate pays ongoing dividends and never matures. OranjeBTC still holds Bitcoin as its primary reserve, with STRC representing a secondary position rather than a pivot away from its core strategy.
LatAm's growing footprint
The accumulation places OranjeBTC ahead of other Latin American corporate Bitcoin holders and reflects treasury adoption spreading beyond the US and Asia. Japan's Metaplanet recently acquired 775 BTC for $93 million, bringing its total to 18,888 BTC. The expanding roster of corporate BTC treasuries reduces sell pressure on the market and may encourage other companies in the region to follow suit. For investors, OranjeBTC's steady accumulation at an average cost above $100,000 per BTC suggests conviction in Bitcoin's long-term trajectory even at elevated price levels.
This article is for informational purposes only and does not constitute investment advice.
