OranjeBTC Cancels Treasury Stock and Launches New Bitcoin-Oriented Buyback Plan

The latest announcement is out from Oranjebtc SA Educacao e Investimento ( (BR:OBTC3) ).

OranjeBTC’s board has cancelled 22 million common shares and 3 million Class A redeemable preferred shares held in treasury without reducing share capital, and fully terminated its 2025 share trading plan. After the cancellation, the company detailed its updated share counts across common and preferred classes and confirmed that existing option contracts with Vinteum Technology Inc. remain unaffected.

The company simultaneously approved a new share trading plan authorizing repurchase of up to 14 million common shares and 2.5 million Class A preferred shares over 18 months, supported by substantial capital reserves. Management aims to use buybacks and related derivatives to improve per-share metrics and long-term strategy, with potential sale proceeds of treasury shares earmarked primarily for acquiring Bitcoin or Bitcoin-linked instruments, reinforcing OranjeBTC’s positioning as a Bitcoin-centric investment platform.

The plan allows use of call options on treasury shares, including PN A-referenced derivatives, and sets Vinteum as counterparty for preferred share repurchases under long-dated fixed-price call options. OranjeBTC expects no intentional change in control or management from the program, will rely on major Brazilian brokerages for on-exchange trades, and asserts that the repurchases will respect liquidity, creditor obligations and dividend commitments.