ORANGEJUCE FINANCE $40 MILLION AND USE BITCOIN AS ITS RESERVE STRATEGY

On 16 July, The Block reported that Orange Juice, supported by Jeff Booth and Lynn Alden, had raised $40 million for the establishment of a permanent capital company and had used Bitcoin as its fund reserve strategy. The company, which is based in Connecticut, plans to acquire and hold enterprises that generate cash flows, while investing retained revenues in Bitcoin。