A $40M seed for a Bitcoin treasury
Orange Juice Holdings is a holding company focused on accumulating and managing Bitcoin as a treasury asset. The company will use the capital to acquire Bitcoin and build its treasury operations. The $40 million seed round is notable for its size at the seed stage, especially in the current market environment. Salinas, a longtime Bitcoin advocate, led the investment.
Ricardo Salinas leads the round
Salinas, the founder of Grupo Salinas, has been a vocal Bitcoin advocate. His involvement in Orange Juice Holdings signals continued confidence in Bitcoin as a corporate treasury strategy. The exact terms of the round were not disclosed. Salinas has previously stated that Bitcoin is a superior store of value and a hedge against inflation.
Lyn Alden's role
Lyn Alden, a macro strategist and researcher, is co-founder of Orange Juice Holdings. Her presence adds analytical credibility to the venture. Alden has written extensively about Bitcoin's role in portfolio allocation and monetary systems. She will likely guide the firm's treasury strategy and research.
Investor interest
Salinas reported that the funding
