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OranjeBTC, Backed by Winklevoss Twins, Becomes Largest Corporate Bitcoin Holder in Region

OranjeBTC's massive bitcoin holdings and educational plans signal a significant boost for crypto adoption in Brazil.

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In this picture, we see the coin in gold and brown color. We see some text written as "The United...
In this picture, we see the coin in gold and brown color. We see some text written as "The United States Of America". It might be a money coin. In the background, it is brown in color and it looks like a carpet.

OranjeBTC, Backed by Winklevoss Twins, Becomes Largest Corporate Bitcoin Holder in Region

OranjeBTC, backed by the Winklevoss twins, has made headlines by becoming the largest corporate holder of BTC in the region. The company, which went public on Brazil's stock exchange this week, now holds approximately 3,675 BTC, valued at around $455 million.

The company's expansion into the crypto space is not stopping at its bitcoin treasury. OranjeBTC plans to merge its BTC holdings with a new educational initiative, aiming to advance digital asset understanding and adoption in Brazil. This move comes at a timely moment, following Brazil's establishment of clear rules for digital assets in late 2022, which recognized crypto as a payment method.

The company's chairman, Josh Levine, envisions significant growth for OranjeBTC due to Brazil's high technological adoption rate. The education unit of OranjeBTC's Cursinho Integraus business will serve as the foundation for its new crypto and AI-focused offerings.

OranjeBTC's entry into the Brazilian market, with its substantial BTC treasury and plans for educational initiatives, signals a significant step forward for crypto adoption in the region. The company's growth prospects, buoyed by Brazil's technological landscape, are promising.

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