Attention, LATIN AMERICA! 🌎 The Brazilian banking giant Itaú 🏦 is BEHIND a new crypto player! It's called "Oranje" 🍊 and its AMBITION is HUGE: to accumulate nearly $210 MILLION in Bitcoin (#BTC ) 🤯 Their ROLE MODEL? None other than MicroStrategy 📈, the public company with the LARGEST amount of $BTC in the world! 🏆
Itaú will act as FINANCIAL ADVISOR 🤝 to Oranje, which plans a MASSIVE PURCHASE of $BTC 🐳 to become a REFERENCE in the market 🥇, gain INSTITUTIONAL recognition 🏛️ and prepare for its IPO in Brazil! At the helm will be former members of Swan Bitcoin and Bahema, with the SUPPORT of EXPERTS in technology and cryptocurrencies! 🧠
What's the STRATEGY? 🤔 To raise funds by selling shares, issuing debt, and other instruments 💸 to INFLATE their #BTC reserve! 🚀 Their GOAL is a RETURN of 45% on #BTC in the FIRST YEAR! 🤑 If the market cooperates, OF COURSE! 😉
Just like MicroStrategy 🚀, Oranje seeks to POSITION ITSELF as a RELEVANT ACTOR 🌟. And while Oranje sets out to hunt the $BTC , Itaú is also EXPLORING the crypto world! 🗺️ They are CONSIDERING launching their OWN stablecoin if the Central Bank of Brazil gives the OK! ✅ They see GREAT POTENTIAL in the automatic settlement of transactions with crypto assets! 💡
Following in the footsteps of MicroStrategy, Oranje presents itself as an ALTERNATIVE to the #ETFs of BTC in Brazil, a crypto market that KEEPS GROWING! 🌱 They have even launched the FIRST ETF of XRP in Brazil! XRP 🚀 The crypto FEVER in Brazil is ON FIRE! 🔥
