Bitcoin VC Veterans Launch $40 Million Holding Company Targeting Small Business Acquisitions

According to Bitcoin Magazine, Lyn Alden has co-founded an investment firm named Orange Juice, which plans to acquire small to mid-sized businesses and integrate Bitcoin into their operations. The firm has secured $40 million in funding and aims to hold these businesses long-term, converting a portion of their profits into Bitcoin. Notably, Mexican billionaire Ricardo Salinas is backing the venture, reflecting a growing interest in Bitcoin treasury strategies despite recent downturns in the crypto market. Read the full story at Bitcoin Magazine . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.