Bitcoin is gaining momentum across South America, with governments and private companies alike embracing the cryptocurrency as a tool for economic innovation and resilience.
In Brazil, the fintech firm Oranje is making headlines after announcing a plan to invest $210 million in Bitcoin, aiming to become Latin America's MicroStrategy. With support from investment bank Itaú BBA, Oranje will offer investors a 45% return in BTC during its first year—an aggressive strategy that reflects confidence in Bitcoin's long-term value (Cryptonomist).
Meanwhile, El Salvador continues to accumulate Bitcoin despite its agreement with the International Monetary Fund (IMF) to limit Bitcoin-related activities. The country's pro-BTC stance remains unchanged under President Nayib Bukele, who sees Bitcoin as a strategic national asset (Cryptonomist).
These developments highlight a growing trend: in a region marked by inflation and currency instability, Bitcoin is increasingly viewed as a hedge and an opportunity—both by forward-looking governments and ambitious companies.
