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Orange Juice Raises $40 Million to Buy U.S. Businesses and Build Bitcoin Treasury

It aims to create a Bitcoin-backed long-term ownership vehicle offering an alternate path for business succession to access public markets.

Overview

  • The company completed a $40 million seed round that the founders announced on Wednesday, with Mexican billionaire Ricardo Salinas named as an anchor investor.
  • Orange Juice plans to buy and permanently hold U.S. firms that produce $1 million to $10 million in annual cash flow instead of selling them on a private equity timetable.
  • Founders say the firm will deploy an in-house operating team and AI tools to raise productivity at portfolio companies while preserving their brands and management options for sellers.
  • Retained earnings from those companies will be reinvested into more acquisitions or held in a Bitcoin treasury as the firm’s reserve asset, though no Bitcoin purchases or specific deals have been disclosed.
  • The model differs from traditional private equity by removing fund-life exit pressure and resembles corporate Bitcoin-treasury strategies but ties accumulation to operating cash flow, leaving execution risk tied to acquisitions and business performance.