Oranjebtc, a Brazilian company focused on the Bitcoin Treasury (BTC), has prepared to debut in the local stock market known as B3, establishing its position as the most Bitcoin-bearing company in Latin America on the market.
company It plans to start quoting in the stock market next week with the aim of attracting more local investorstherefore expanding the reserve for digital currency.
“Bitcoin transforms the financial system and the market as we know it,” said Guilherme Gomes, founder and CEO of the company. “Our main approach is the highest level of Bitcoin,” he said.
The company established the Bitcoin Treasury Ministry last September with the purchase of 3,650 BTC worth $435 million.
This strategy is inspired by company models such as the American Strategy, which redefines corporate financial management. A strategy previously known as MicroStrategy leads to this move Public Contributor with the largest reserves of digital currencyAccumulation of 640,031 BTC.
Instead of maintaining the majority of cash holdings, they can be devalued by inflation; The strategy converts the Treasury with Bitcoin and considers it to be a reserve asset A model that has been replicated by other companies around the world, like Japan’s Metaplanet, with long-term appreciation.
Therefore, Oranjebtc surpasses Brazil’s only public company with Méliuz, the fintech known for its platform, Bitcoin Treasury. Cashbackwith 605 BTC and began purchasing digital assets last March. In Latin America, OranjebtC took part in the move of companies that decided to adopt Bitcoin as a free market with 570 BTC, but Bitcoin has not been adopted as a central part of its financial strategy.
(tagstotranslate)bitcoin(btc)
