OranjeBTC (OBTC3) – Brazilian publicly listed Bitcoin Treasury companyHello everyone,
I would like to open a discussion about a Brazilian company called OranjeBTC,
ticker OBTC3, which is listed on the B3 stock exchange in São Paulo
and proposes exposure to Bitcoin through a regulated capital markets structure.
Official website:
https://oranjebtc.comWhat is OranjeBTC?According to public information, OranjeBTC is a Bitcoin Treasury Company
that became publicly traded on the Brazilian exchange B3 in October 2025
through a reverse merger strategy. It holds a significant Bitcoin treasury
and operates within the regulated environment of the Brazilian capital markets. [oai_citation:0‡B3](
https://www.b3.com.br/pt_br/noticias/reorganizacao-societaria.htm)
Founders and key peopleThe company was founded and is led by Guilherme Gomes, who serves
as CEO. Gomes previously worked in traditional finance and has experience
in the crypto industry, having served as president of the U.S.–based
crypto company Swan Bitcoin and years in macro investment roles prior
to OranjeBTC. (
https://braziljournal.com/oranje-vai-para-a-bolsa-e-quer-ser-a-maior-bitcoin-treasury-da-america-latina/)
The CFO role is filled by Guilherme Affonso Ferreira Filho (Guiga Ferreira),
a business executive linked to Brazilian education and corporate initiatives. (
https://braziljournal.com/oranje-vai-para-a-bolsa-e-quer-ser-a-maior-bitcoin-treasury-da-america-latina/)
OranjeBTC also mentions a team of long-time Bitcoiners with market and
capital markets experience, though detailed public bio pages are limited. (
https://www.oranjebtc.com/about)
Institutional & strategic backingPublic reporting and market coverage note that OranjeBTC attracted backing
from well-known institutional and crypto-centric investors, including
support from the **Winklevoss Capital Fund, LLC**, among other market participants. (
https://www.fundamentus.com.br/principais_acionistas.php?papel=OBTC3&tipo=1&utm_source=chatgpt.com)
Company mission and structure– Listed on the Brazilian exchange B3 under ticker OBTC3
– Holds several thousand BTC in treasury (around 3,600+ BTC upon listing)
– Structured to provide regulated exposure to Bitcoin via equity
– Combines a Bitcoin treasury strategy with educational initiatives
– Distinct model from traditional exchanges, ETFs, or asset managers (
https://www.infomoney.com.br/mercados/oranje-btc-obtc3-estreia-na-bolsa-com-acao-em-alta-e-caixa-com-r-24-bi-em-bitcoin/)
How this compares to other modelsThis company structure raises interesting points of comparison with:
– Bitcoin ETFs and similar products
– Public companies with Bitcoin holdings (e.g., MicroStrategy-like
debt/equity strategies)
– Direct self-custody vs regulated equity exposure
Each model has different trade-offs regarding regulation, custody,
counterparty risk, and investor accessibility.
Questions for discussion:– Does regulated Bitcoin exposure through a publicly listed company make sense?
– How do you see the trade-offs between self-custody and regulated equity?
– Is this closer to an ETF, holding company, or operational business?
– Has anyone here reviewed the company’s filings, financials, or outlook?
The goal is to discuss the model, participants, and risks,
not to promote the stock or the company.
Looking forward to your thoughts.
