Bitcoin VC veterans have launched a $40 million holding company targeting small-cap acquisitions


Another day, another Bitcoin vault.

But this time, with a twist: Earlier this week, the macroeconomist and all-around Bitcoin legend Lynn Alden Announced Orange Juice – an investment company that aims to buy, improve and acquire businesses according to Bitcoin standards.

The idea is that Orange Juice will buy small and medium-sized businesses at low prices, optimize their operations, and hold them indefinitely rather than reselling them.

A portion of the companies’ profits will be converted into Bitcoin, which serves as the company’s treasury asset.

“Bitcoin holding companies exist, but their cash flow operations tend to be small or non-existent,” Alden said. books In a blog post.

“Instead, Orange Juice will focus on building a strong and diversified base of cash flows, with a portion of the retained earnings of its business accumulating in a Bitcoin treasury,” she added.

Ego Death Capital partners Jeff Booth, Len Alden, Niko Lechuga, and Andy Pitt founded the company alongside Adrian Steckel and Robin Zweiban, while Mexican billionaire Ricardo Salinas He participated as a lead investor on Wednesday advertisement He reads.

Salinas — one of Mexico’s richest men — has long praised Bitcoin, admitting last month that he originally increased his allocation from 10% to 70% of his portfolio.

She added that the company has already raised $40 million and intends to pursue a public listing in the future.

“Over the coming decades, there will be a significant wave of business succession,” the announcement said. “Unlike traditional private equity, Orange Juice is not constrained by fund cycles or pressures to resell, allowing it to focus on the long-term health of its business.”