HomeEverythingEducation
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

OranjeBTC buys 20 BTC for $1.5M, average cost $75.4K

Created at 1 Jun · 3:04 PM3 sources↑ Market-relevant3 events
IN SHORT

OranjeBTC acquired 20 BTC for $1.506 million, with an average purchase price of $75,346 per BTC. This brings its total holdings to 3,762 BTC, with an average cost basis of $105,085 per BTC. The company also repurchased 289,100 shares.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Key Numbers

3,762 BTCTotal Bitcoin holdings
20 BTCRecent Bitcoin purchase
$1.506 millionCost of recent purchase
$75,346Price per BTC in recent purchase
$395.33 millionTotal investment in Bitcoin
$105,085Average purchase price per BTC
289,100Shares repurchased

Who's Involved

OranjeBTC
Latin America's largest corporate Bitcoin treasury company

↳ Why This Matters

OranjeBTC's strategic Bitcoin acquisitions and share buybacks reflect a dual capital allocation strategy, aiming to increase Bitcoin exposure on a per-share basis for shareholders. This approach is being closely watched as a model for corporate treasury management in Latin America and beyond.

Key facts

  • OranjeBTC purchased 20 BTC for $1.506 million.
  • The average purchase price for the recent acquisition was $75,346 per BTC.
  • OranjeBTC's total Bitcoin holdings increased to 3,762 BTC.
  • The company's average cost basis for all holdings is $105,085 per BTC.
  • OranjeBTC repurchased 289,100 shares of its own stock.

OranjeBTC's strategic Bitcoin acquisitions and share buybacks reflect a dual capital allocation strategy, aiming to increase Bitcoin exposure on a per-share basis for shareholders. This approach is being closely watched as a model for corporate treasury management in Latin America and beyond.

Frequently asked questions

OranjeBTC currently holds 3,762 BTC after its latest purchase.

OranjeBTC paid approximately $1.506 million for the 20 BTC, at an average price of $75,346 per Bitcoin.

The company's average cost basis for its total holdings is approximately $105,085 per Bitcoin.

OranjeBTC also repurchased 289,100 shares, which increases Bitcoin exposure on a per-share basis for remaining shareholders.

What Happens Next

01OranjeBTC aims to increase its Bitcoin-per-share metric through ongoing purchases and buybacks.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence

How It Developed

1 Jun · 4:27 PM
Strive plans to increase its fundraising capacity to $4.2 billion to acquire more Bitcoin, indicating a growing trend among public companies.
@TheBitcoinConf via PiQSuite
1 Jun · 3:06 PM
OranjeBTC, Latin America's largest corporate Bitcoin treasury, acquired 20 BTC and repurchased shares, increasing total holdings to 3,762 BTC.
Bitcoin Magazine via PiQSuite
1 Jun · 2:45 PM
Capital B acquired 4 BTC for €0.26M, increasing its total holdings to 3,139 BTC, with an average purchase price of $105,200 per BTC.
Live Bitcoin News via PiQSuite

Sources

T1
Capital B Doubles Down on Bitcoin as Treasury Grows to 3,139 BTCm.piqsuite.com
T1
OranjeBTC Adds 20 BTC to Treasury, Hits 2.20% BTC Yield for 2026m.piqsuite.com
T1
RT @TheBitcoinConf: STRIVE TO EXPAND ITS RAISE CAPACITY TO $4.2 BILLION TO BUY MORE #BITCOIN FOR ITS TREASURY 🤯 PUBLIC COMPANIES ARE NOT S…@TheBitcoinConf via PiQSuite

Related Stories

Cantor SPAC and Adam Back's Bitcoin Treasury Renegotiate Merger Terms
8 Jul · 3:15 PM
Bitcoin Falls to $62,000 Amidst Bear Market Recovery Signs
8 Jul · 9:25 PM
Schwab Strategist Backs Strategy's STRC Playbook Amid Bitcoin Weakness
8 Jul · 3:25 PM
Lyn Alden: Bitcoin must stand on its own as Strategy sells $216M of BTC
8 Jul · 12:10 PM
Bitcoin ETFs See Inflows After $8 Billion Outflow Streak
8 Jul · 6:30 PM