OranjeBTC, the largest Bitcoin reserve company in Brazil, has repurchased 99,600 shares of its own stock, costing approximately $220,000 (1.12 million reais), and announced a delay in additional Bitcoin purchase plans. The company currently holds 3,708 bitcoins, worth approximately $409 million. This move is aimed at narrowing the gap between its market price and the net asset value (NAV) of Bitcoin. OranjeBTC has joined a wave of digital asset reserve companies supporting their stock prices through buybacks, including ETHZilla, Metaplanet, Sequans, and Empery Digital.