Brazil’s Biggest Bank Takes a Bite Out of Bitcoin Hype — And You Won’t Believe Who’s Watching!

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So, you’ve got Oranje — no, not some lost soccer team, but a bitcoin-loving bunch led by the dream team: Guilherme Gomes (formerly of Swan Bitcoin, not related to the Muppet, I checked 🤓) as CEO, Guilherme Ferreira (president of Bahema, not Batman, sorry) as CFO, all cheered on by Bitcoin hype-man Fernando Ulrich and Josh Levine of Bridgewater, who may or may not have brought donuts to this meeting 🍩.

Word on the street (and by street, I mean an office with too many beanbag chairs) is these folks are looking to become the Indiana Joneses of Bitcoin for Latin America — and considering only 3% of institutions there have touched BTC, that’s like being the tallest guy in a limbo contest. 🕺

Risky Business or “Hold My Caipirinha”? 🥃

Oranje has rolled out a strategy with more boldness than a telenovela plot twist — they’re eyeing a spicy 45% yield on their Bitcoin stash and want to collect $210 million of BTC in year one. Because hey, if you’re going big, better make it big enough to terrify your accountant.

But wait — there’s more! They’re even kicking around the idea of issuing debt backed by Bitcoin. I know, I know, bankers clutching their pearls everywhere. If this works, they might rewrite the script for treasury management in emerging markets (and probably get their names on a commemorative mug).

Should this scheme actually succeed, expect a parade of suit-wearing investors doing the samba into Bitcoin across Latin America. Maybe, just maybe, we’re on the verge of replacing PowerPoint presentations with laser-eyed memes and corporate retreats with crypto-bootcamps on the beach. 🌴💸

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2025-04-29 17:12