OranjeBTC (OBTC3), Latin America’s largest corporate Bitcoin treasury is in advanced talks to secure approximately R$100 million ($19.51 million) in new financing to resume aggressive Bitcoin acquisitions, CEO Guilherme Gomes told Crypto Times in an exclusive interview.
“We are in advanced negotiations for a new debt facility in a different model,” Gomes said. “It will be with a creditor in Brazil, not abroad. For a foreign creditor, we would be just another client. For this one, we are a Brazilian company focused on Bitcoin.”
The move comes as Bitcoin has shed roughly 50% from its peak since OranjeBTC’s debut, sending the stock is down 70% to around R$7.40 and pushing its market Net Asset Value (mNAV) to 0.93. Despite the drawdown, the firm has built a loyal investor base, growing to over 7,700 shareholders in under 100 trading sessions
Gomes emphasized the financing will allow OranjeBTC to continue its core thesis of accumulating Bitcoin as a long-term strategic asset while potentially extending its share-buyback program.
With the new funds, OranjeBTC aims to strengthen its position as the region’s flagship Bitcoin treasury play, capitalizing on Brazil’s growing crypto adoption even in the current market chill.