Brazilian Bitcoin Company OranjeBTC Repurchases Shares Amid Stock Slump

The company, Brazil's largest of its kind, repurchased nearly 100,000 ordinary shares between Oct. 27 and 30 as net asset value (NAV) fell below 1. OranjeBTC said the move “represents an efficient way to increase shareholder exposure to bitcoin.

Source: news.bitcoin.com

Related symbols: BTCUSD