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Orange Juice Holdings targets acquisitions using Bitcoin and its own stock

The newly launched Connecticut permanent-capital firm raised $40 million and plans to pay some sellers partly in Orange Juice shares while using retained earnings to buy Bitcoin.

Reported · Written up by our desk · Market Structure

Orange Juice Holdings Inc., a newly launched Connecticut permanent-capital company, is aiming to become a buyer for cash-flowing small and mid-sized businesses as owners retire, using its structure to tie deals to a Bitcoin treasury model, according to CryptoSlate.

The company says it wants to acquire businesses generating $1 million to $10 million in annual cash flow, keep them permanently, and pay sellers partly in Orange Juice stock. It also plans to put some of its retained earnings toward Bitcoin purchases.

Orange Juice raised $40 million to fund acquisitions and build a Bitcoin treasury, and it plans to use private shares for acquisitions before any potential public listing. The timing of a listing remains undecided.

CryptoSlate notes that the approach could expose business sellers who accept stock to Bitcoin price swings on top of other risks, since once they take equity they hold a minority stake in a holding company whose future acquisition decisions and performance depend on managers and market conditions. The outlet also cites research indicating only about 20% to 30% of businesses that go up for sale find a buyer at all.

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