Brazil’s OranjeBTC Shifts Strategy as Argentina Seizes $515M in Digital Assets
The post Brazil’s OranjeBTC Shifts Strategy as Argentina Seizes $515M in Digital Assets appeared on BitcoinEthereumNews.com.
OranjeBTC repurchased 99,600 shares and delayed Bitcoin acquisitions to address its trading discount to NAV. Authorities seized 188 BTC and $515M USDT in a sophisticated money laundering operation using digital assets. OranjeBTC has repurchased 99,600 of its own shares in a move to address market valuation concerns. The Brazilian digital asset treasury company will also delay further Bitcoin acquisitions. This corporate decision stems from an effort to narrow the divergence between its current market price and the net asset value of its Bitcoin holdings. For this share repurchase operation, the company allocated 1.12 million reais from its reserves. This amount converts to approximately 220,000 dollars at current exchange rates. The company achieved its public listing status through a reverse merger arrangement with Intergraus on Brazil’s B3 exchange. OranjeBTC maintains a corporate treasury containing 3,708 bitcoins. These digital assets carry a market valuation approaching 409 million dollars based on present cryptocurrency prices. This Brazilian firm now forms part of an expanding cohort of digital asset treasury companies implementing share repurchase initiatives. Global Digital Asset Firms Pursue Similar Buyback Strategies ETHZilla represents another entity following this financial strategy within the digital asset sector. The company, trading under the ticker symbol ETHZ, liquidated 40 million dollars worth of Ethereum from its holdings. This transaction specifically funded the repurchase of 600,000 company shares. The buyback forms part of a larger 250 million dollar authorization approved by the company’s board. ETHZilla initiated this action after its market price to net asset value ratio declined to 0.62. Metaplanet Incorporated, listed on the Tokyo exchange with the code 3350, announced its own substantial repurchase program. The company committed 75 billion Japanese yen to this initiative. This commitment translates to roughly 500 million dollars in United States currency. Other publicly traded companies including Sequans and Empery Digital have…
Filed under: News - @ November 1, 2025 1:24 am