Brazil’s First Bitcoin Treasury Move: Méliuz Buys $28.4M BTC
➡️ Méliuz becomes Brazil’s first listed company to add Bitcoin to its treasury, buying $28.4M worth of BTC.
✔ The decision was backed by a huge majority of shareholders.
✔ Méliuz now joins global giants like MicroStrategy and Tesla in holding Bitcoin.
Why It Matters
✔ This marks a historic shift in corporate finance for Brazil, signaling rising trust in Bitcoin as a store of value.
✔ It may inspire other Latin American firms to follow, especially with inflation and currency risks in the region.
✔ Shareholder support shows growing acceptance of Bitcoin as a serious financial strategy, not just speculation.
What’s Next?
Brazil’s crypto regulations are maturing, and Méliuz’s move could kickstart a wave of Bitcoin adoption among local companies.