Brazil's largest bitcoin reserve company, OranjeBTC, has bought back 99,600 of its own shares at a cost of around $220,000 (1.12 million reais) and announced it will delay plans to buy additional bitcoins. The company currently holds 3,708 bitcoins, worth around $409 million. The move is to close the gap between its market price and the net asset value (NAV) of bitcoin. OranjeBTC joins a wave of digital asset reserve companies that are supporting their share prices through buybacks, including ET...
According to market news, Brazilian listed company OranjeBTC (stock code: OBTC3) has purchased 7 new bitcoins, bringing its total holdings to 3,708.
Brazilian bitcoin financial listed company OranjeBTC announced that it has spent $1.94 million to increase its holdings of 16 BTC, which has increased to 3,691 bitcoin holdings so far, and the bitcoin yield during the year has reached 1.5%.
According to market news, OranjeBTC (stock code: OBTC3), the largest bitcoin treasury company in Brazil, is listed on the Brazilian stock exchange B3 and holds 3,675 bitcoins.
Brazilian listed company OranjeBTC bought 3,650 bitcoins for $385 million.