OranjeBTC
OBTC3 · B3 (São Paulo); ADR: ORNJYTreasury vehicleMediumBrazil
BTC held
3,950
as of Aug 10, 2026 · 0.019% of 21M
Value now
$305M
at BTC $77,134
Basic mNAV
1.18×
mkt cap $361M as of Sep 4, 2026
Sats per share
1,381
286M shares as of Aug 28, 2026
Cost basis
- Average cost per BTC
- $100,573
- Total invested
- $397M
- Unrealized gain
- $-93M (-23.3%)
Treasury debt
- April 2026: board approved issuance of up to ~$42M of bitcoin-collateralized debentures to fund continued BTC accumulation (secured debt, not convertible into equity). Terms/coupon not yet disclosed.$42M
Recent activity
Steady 2026 accumulation to 3,950 BTC by Aug 10, 2026 (from ~3,650 BTC at its Oct 2025 B3 listing), including 20 BTC at ~$75,346 in June, paired with share buybacks (289,100 shares in Q2 after 274,200 in Q1) for a 2.20% YTD BTC Yield; also launched the DIGY11 digital-yield ETF on B3 (95% allocated to Strategy's STRC).
Risk notes
Average cost (~$100-105K) is far above current BTC prices — CoinGecko shows a ~$98M (~24%) unrealized loss — and the stock trades at a premium to BTC NAV (~$392M market cap vs ~$310M of BTC), which could compress; planned debenture leverage adds funding risk. Tracker cost/holdings figures diverge slightly (CoinGecko 3,918 BTC / $405.6M cost vs bitcointreasuries 3,950 / $397.3M).
Sources
- https://bitcointreasuries.net/public-companies/oranjebtc
- https://www.coingecko.com/en/treasuries/companies/oranjebtc
- https://cryptobriefing.com/orangebtc-255-million-bitcoin-holdings-3950-btc/
- https://bitcoinmagazine.com/news/oranjebtc-adds-20-btc-to-treasury
- https://stockanalysis.com/quote/bvmf/OBTC3/
- https://open.er-api.com/v6/latest/USD
- https://bitcointreasuries.net/
Figures are compiled from public disclosures and may lag. This page is information, not investment advice or a recommendation regarding OBTC3 securities.