Key Takeaways
- • OranjeBTC, Brazil's largest bitcoin treasury firm, is launching the DIGY11 ETF with an initial 95% allocation to Strategy's (MSTR) STRC preferred shares and 5% to Strive's SATA, targeting institutional and retail investors in Brazil.
- • The DIGY11 ETF aims to deliver annual distributions equivalent to Brazil's interbank CDI rate plus 3–5 percentage points (net of costs), positioning it as an income-generating vehicle backed by bitcoin treasury assets.
- • Trading will commence in early September 2026 on B3 (Brazil's stock exchange) in Brazilian reais, with monthly dollar hedging and a 0.90% management fee; distributions from STRC are reviewed monthly to maintain price stability near USD 100 par value.
- • OranjeBTC becomes the first publicly traded company to hold STRC preferred shares, doubling cash flow at a 35% allocation versus competing bitcoin treasury strategies, establishing a differentiated product in Latin America's digital asset market.
Summary
The DIGY11 ETF targets annual distributions equivalent to Brazil's interbank CDI rate plus an additional 3 to 5 percentage points, net of management costs, though returns are not guaranteed. The fund will trade on B3 (Brazil's primary stock exchange) in Brazilian reais and implement monthly currency hedging to insulate investors from dollar exposure volatility. A 0.90% annual management fee applies to the fund structure. The distributions from STRC are reviewed monthly to support price stability and ensure consistent yield performance for investors.
Trading is expected to commence in early September 2026, positioning DIGY11 as a novel income-focused instrument in Latin America's alternative investment landscape. The structure leverages Strategy's preferred share architecture, which is designed to generate recurring U.S. dollar distributions supported by an underlying bitcoin treasury. By allocating predominantly to STRC, OranjeBTC capitalizes on the income-generating characteristics of Strategy's yield strategy while maintaining exposure to digital asset appreciation potential. This product innovation addresses institutional and retail investor demand for bitcoin-backed income strategies in emerging markets.
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