OranjeBTC, Brazil's largest listed Bitcoin trading firm, has announced a halt in Bitcoin purchases, opting instead to repurchase its own shares. The decision, revealed on Thursday, comes just three weeks after the company's stock market debut. OranjeBTC aims to boost its stock price through share buybacks, as Bitcoin's value remains 13% below its recent peak, currently trading at $109,834. The firm stated it will continue to evaluate capital allocation strategies, prioritizing the maximization of BTC/Share value. OranjeBTC's stock is currently trading below its net asset value, prompting concerns among financial analysts. The company remains committed to exploring opportunities to enhance shareholder value.